Is it possible to reduce the deficit while increasing spending? Proponents say that growth will spur increased revenues. In my mind, there’s a high burden of proof to accepting that argument, but unfortunately this article doesn’t address that issue.
Why selling our debt to China was riskier for them than for us. It seems to boil down to the adage: “If you owe the bank $1 million, you’re in trouble. If you owe the bank $1 trillion, the bank’s in trouble.”
New York City sitcoms. I guess I live nearest to Spin City.
An interesting story on the inner workings of the Internet.
Why is New York’s unemployment rate lower than the national average?
Hint: it’s not due to economic competitiveness (PDF, see especially page 86). Doing better than Vermont doesn’t exactly say much.
Heard of Mrs. Watanabe? And the follow-up [1, 2, 3], surprising only to those who don’t remember the last “sure thing”.
You thought the Chicago Tea Party had vitriol? Try this.
Ahh, the joys of New York City rent control.
JFK’s disappearing missile gap.
Amazing visual, depressing implications.
A study in Euro diffusion.
Back from a busy-with-life break, with a little extra reading to make up for the gap:
Warren Buffett’s plain, insightful writing in the Berkshire Hathaway annual letter (PDF).
Fourier analysis solves a Beatles mystery.
I feel like this (JPG) sometimes.
The equivalent of “it’s all Greek to me” in a variety of languages. Apparently Chinese is the Greek-iest of them all.
