Master of None
Month

August 2011

20 posts

via Kottke, on the evolution of marital ritual: 'We seek to ... strengthen the tradition of the diamond engagement ring -- to make it a psychological necessity' → kottke.org
Aug 31, 2011
Martin Wolf in the FT: 'Mr Obama wishes to be president of a country that does not exist. In his fantasy, US politicians bury differences...In fact, he faces an opposition that would prefer their country to fail than their president succeed' → ft.com
Aug 31, 2011
Steve Randy Waldman talks tough and calls for new law: 'The Fed is a political creature, not some haven for philosopher-economists in togas who will openly consider your ideas. Get over it and get your hands dirty.' → interfluidity.com
Aug 31, 2011
Fascism gaining ground in the US: 'It nullifies any contracts when one party is an undocumented immigrant. It requires the police to check the papers of people they suspect to be here illegally.' → nytimes.com
Aug 29, 2011
Favorite sentence fragment of the month: 'with commensurate amounts of very' → blog.penelopetrunk.com
Aug 24, 2011
Krugman on the difference between a business and a state: 'Even great businessmen don't necessarily know much about how to make the macroeconomy work' → krugman.blogs.nytimes.com
Aug 23, 2011
TC voices the real bear-case (that the Fed can't fix it): 'The real problem is low and enduring real rates of return, and not simply that a monetary trick is distorting those rates of return' → marginalrevolution.com
Aug 22, 2011
The brilliant Scott Sumner: 'I've come to believe that "inflation" is pretty much a meaningless concept ... it is 39% housing, and ... the CPI showed housing prices rising during the greatest housing price crash in American history' → themoneyillusion.com
Aug 16, 2011
Easy to say "oh what idiots", but the reality is that it can be very difficult to manuever with a spinnaker up; one reason why sailboats have right of way

Aug 15, 20111 note
What Krugman really means is that we need lower real wages and higher nominal wages → nytimes.com
Aug 15, 2011
First look at the new presentation technology for the next America's Cup (the good stuff starts ~5:30 mark)

Aug 12, 2011
The best thing Larry Summers has ever said: 'The Hippocratic Oath applies in economics as well as medicine' → ft.com
Aug 11, 2011
Why the internet is deflationary, via MR → digital-dd.com
Aug 11, 2011
Jack Goldstone on why great nations decline: 'The richest countries...suffered fiscal crises because elites preferred to protect their private wealth, even at the expense of a deterioration of state finances, public services, and long-term...strength' → newpopulationbomb.wordpress.com
Aug 10, 2011
Jack Goldstone: 'When people feel that their suffering is not their fault or bad luck, but is being imposed on them by the entire social structure being tilted against them, they get angry.' → newpopulationbomb.wordpress.com
Aug 10, 2011
Cowen: 'Rogoff and Sumner are likely to go down as the prophets of our times. We needed a big dose of inflation, promptly, right after the downturn...But voters hate inflation and, collectively, we proved to be cowards. Too bad.' → marginalrevolution.com
Aug 10, 2011
Douthat: 'Democrats [are] defending a system that often just ends up redistributing money from the younger middle class to the older middle class' → douthat.blogs.nytimes.com
Aug 10, 2011
From Eli, the closest we will get to a mathematical proof of the existence of god → elidourado.com
Aug 10, 2011
Good news for everyone else: 'For most teachers the cushy life is gone; tenure is just a dream for a majority...salaries are low and teaching requirements have risen.' → marginalrevolution.com
Aug 7, 2011
Interfluidity: '[Bankers] misjudged...by neglecting risk...The broad public..erred only and precisely by trusting these professionals.' → interfluidity.com
Aug 1, 2011
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