I love long-form interviews, especially when driving or otherwise unable to read.
I listened to The Econtalk Episode in which Russ Roberts talks to Martin Gurri about his 2014 book, “The Revolt of the Public”.
You can read the highlights here.
The basic thesis is that Poltical Taylorism has had …
Kelly was a smart guy who worked with the legendary Claude Shannon at Bell Labs. He worked out an optimal betting strategy for games of chance.
This can be applied to investment, where an investment decision has a payoff probability distribution where a holding (e.g. of stock)
will produce …
I’ve been very bearish about ‘purpose built student accommodation’ for a long time. The UK has been following the US in tertiary education, just as it always follows it in primary and secondary education.
I have some experience of renting to students. It’s not easy, and it’s …
We seem to be returning to the 30s. But this time populist governments are desperate to keep voters on board.
So they have no option but to cushion unemployment.
The big debate of the 30s was whether this would put off the evil day when the economy …
Bull and Bear, Immovable Object meets Irresistible Force. Which will win out?
Charlie Bilello is one of the many
great commentators who collate data and give analysis to us for free.
He has collected together some recent data which shows just how enormous the C-19 disruption
has been over the …
Today, I read
this article, from Wolf Richer’s blog.
I think that Druck had previously said how grateful we should be for all these high-tech companies providing
valuable services to us below cost (or, maybe in the case of Amazon, barely above cost).
Well, yes, these are very convenient …