Stanford hates fun
Stanford hates fun is the title of the second Stanford article in the Wall Street Journal this week. (On the first, Stanford's guide to acceptable words , enough said already.)
An essay on substack ; interpreting US inflation history via fiscal theory, prepared as comments for a session at the AEA meetings.
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Stanford hates fun is the title of the second Stanford article in the Wall Street Journal this week. (On the first, Stanford's guide to acceptable words , enough said already.)
Nicholas Kristof in Sunday's New York Times asks a pressing -- often quite pressing -- question. Why are there no public toilets in America? He is right. He calls for a federal infrastructure plan to fix the problem: "Sure, we need investments to rebuild bridges, highways and, yes, electrical grids, but perhaps…
"Fintech can come out of the shadows" is the title that Wall Street Journal editors gave to Brian Brooks and Charles Calomiris' oped last week . I have not in a long time seen a title that more utterly contradicts the content of the essay. For what they advocate is exactly the opposite: Fintech in chains, hemmed in by…
The references to Gutenberg reminds me of a discussion in Simon Winchester's fascinating book "The Man Who Loved China". There the author points out that the first printed book occurred in China about 500 years before Gutenberg. The question posed by Winchester's "Man" (Joseph Needham) was why, with such a lead…