Larry Summers was on Ezra Klein's New York Times podcast to discuss the state of the world economy (here is the transcript). It was worth listening to only to hear Klein getting mugged by reality, although he still seemed to want to beleive Covid and Ukraine caused high inflation. Say what you want about Summers, but he admitted… Continue reading Notes from the Week of March 27, 2022: Inflation & Media
Category: economic theory
Opening Moves
Have you ever taken a personality test? I had to take one several years ago as part of an employer's training program, doing different versions of the Myers-Briggs test and being scored an INTP or an INTJ. My scores for Thinking and Introversion were at extreme ends, I favored my Intuition over my Sensations, but I… Continue reading Opening Moves
Change…and Fade Away
To be alive means to cope with constant change, just as it is that living means we face death one day. Nothing about us is permanent except the matter we are comprised of (or, at least, that is what we are told by physicists). We are also told by evolutionary biologists that as animals we… Continue reading Change…and Fade Away
The Hazards of Political Belief Spectrums
The graphic above is from a discussion on a UK website called The Student Room. Chicago Fog believes this is a good representation of the parameters of political beliefs reflected in contemporary society: communism on one end and fascism on the other. Clearly, the maker of the spectrum must be from Canada, but this graphic… Continue reading The Hazards of Political Belief Spectrums