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Monthly Archives: March 2011
Politics Fires Us All Up
I recently did tours of two tenement apartments at the NY Tenements Museum. The tourists were mostly women, which I don’t really understand, but the tours were interesting. Frequent polling of the group members for their “impressions of what tenements … Continue reading
Posted in economics
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From the Department of “It’s Funny Because It’s True”
This NYT article* can be summarized thus: people don’t call each other much anymore because they use email or text. The phone, to me, is a secondary mode of communication to email. For personal use, I almost never pick up … Continue reading
Posted in Uncategorized
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Yune-Yawns
The anniversary of the Triangle Shirtwaist Factory fire is this week. This event has been coming up in my life frequently of late. Mary and I just got through this part in a giant 6-part documentary on the history of … Continue reading
Posted in economics
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Steamroller Strikes
Scott Sumner teaches us to “never reason from a price change” and start a step earlier. Felix passes with his analysis of the sky-rocketing exchange rate. [W]hat we’re seeing here is a function of ultra-leveraged hedge funds unwinding their carry trades. … Continue reading
Posted in economics
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Post PC World?!
The post-PC world is not heralded by the iPad, regardless of what Steve Jobs says. You need a PC to use the thing! When I hear ‘Post-PC World’, I think people are really talking about a few trends: Computing power … Continue reading
Posted in economics, insurance
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Spectators Want Speed?
I remember the first time I ever watched myself on video playing football. I was horrified at how slow the game moved. It was like everyone was trapped in glue. Of course, I’m used to watching the NFL on TV. … Continue reading
Posted in Pet Theories, sports
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In the Land of Two-Eyed Men, What Does Michael Porter Think?
The Economist has a review of Michael Porter’s latest contribution. I skimmed it long enough to satisfyingly affirm my revulsion to ‘business’ as an intellectual discipline.* A couple of years ago, I was considering opening a retail store and emailed … Continue reading
Posted in economics, Pet Theories
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Now We’re Talkin’!
Finally, some real innovation! A new online system from the Chubb Group of Insurance Companies… allows drug and medical device developers to quickly secure required insurance documentation for clinical trials around the globe. “If a clinical trial is delayed because a certificate … Continue reading
Posted in economics, insurance, insurance business strategy
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Great Sentences
From Arnold Kling: There are two types of checks on power… In A.O. Hirschman’s famous terminology, voice is the use of the democratic check, while exit is the use of the market check. Exit is much more powerful.
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We’re Not Doing Much, But We’re Nice About it
The blogosphere has been alight with discussion of ‘rising inequality’ (yes, scare quotes!) in the US and elsewhere. What legitimizes the debate, to me, is the strong possibility that changes in income are capturing less and less of the social … Continue reading
