Thinking about welfare

Catching up on my Planet Money after returning from London—where there was less time, but more importantly less opportunity for wearing headphones to listen to podcasts.  Their coverage of questions about welfare Is Welfare ‘A Rational Alternative To Work’? (listen to…

Gamber’s Lemma

It’s time for me to put this one out there, although it has been brewing for years.  Guaranteed to get a laugh in class. Gamber’s Lemma to the Law of Unintended Consequences states that There are two possible worlds: The…

Walled gardens

While trying to transfer annotations from a book in the old B&N eReader iOS app (apparently it can’t be done), I came across this opinion from a couple of years ago. I’m Returning my Nook Tablet – Here’s Why (The Digital…

Greenspan’s new book

From the NYTimes ‘The Map and the Territory’ by Alan Greenspan (Binyamin Applebaum) “The marked increase in risk taking of a decade ago could have been guarded against wholly by increased capital,” he writes. “Regrettably, that did not occur, and…