Category Archives: Uncategorized

From a recent blog post on my favorite blog, Marginal Revolution: “Much of my writing time is devoted to laying out points of view which are not my own. I recommend this for most of you.” Professor Cowen’s approach to … Continue reading →

Your annual #BastilleDay reminder that the French Revolution was a moral and intellectual catastrophe of world historical proportions whose debt we are still paying today. — James Morrow (@pwafork) July 13, 2019

Although we did not read a single page of Infinite Jest during the month of June, we have now resumed our reading of this massive tome and are up to page 638, or about two-thirds of the way through …

Gary Leff explains why here. The key question, however, is whether such fees should be declared illegal or should be otherwise regulated. That is, what is the optimal level of regulation in this case. (Put another way, what would the … Continue reading →

We recently learned of the death of the great João Gilberto, one of our favorite musicians of all time. Here is an obituary (NYT). Referring to Mr Gilberto’s masterpiece “Chega de Saudade,” the Times quotes the singer Gal Costa, who … Continue reading →

This is our third and last post (for now) regarding Facebook’s new proposed crypto-currency, called Libra. We have already replied to various criticisms of Facebook’s proposed currency in our previous two posts. Here, however, I will switch gears and make … Continue reading →

Thus far, we have defended Facebook’s new cryptocurrency Libra against the vague and specious charge that it is somehow undemocratic–vague because democracy is open to many different definitions; specious because existing currencies are not responsive to majority rule in any … Continue reading →