New information On Henry Ford's 150th Birthday, a Look Inside His Failed Utopia (Gizmodo) to add to the piece I’ve been using to discuss vertical integration for some time now. You Can’t Always Get What You Want (The New Yorker)…
Poverty, India vs China
“Economists talk of targeting subsidies at those below the Tendulkar line. But for politicians, the aim of subsidies is to win votes.” Why no applause for 138 million exiting poverty? “And clearly you win more votes by extending subsidies to…
The new GDP
Coming Wednesday Getting Creative With the G.D.P. “the results of an immense revaluation of the size and composition of the American economy.”
Witches, recessions, and pensions
From the archives, as I think about Macbeth Why it’s dangerous to be a witch in a recession (Slate, Harford) Note that the witches aren’t the ones committing the actual crimes here—they’re just older people with resources coveted by the…
Twitter as secret-revealer
Rowling unmasked: the lawyer, the wife, her tweet – and a furious author (The Telegraph) “In a public statement, she all but issued a Cruciatus curse against Russells: ‘A tiny number of people knew my pseudonym and it has not…
Austen replaces Darwin
on the £10 note. Sense and Sensibility: Jane Austen to Appear on £10 Note (Shelf Awareness) Interesting controversy: Apparently the Bank of England missed the irony of the quote.