One of the economists I enjoy listening to propounded an interesting idea last week; low interest rates not only encourage malinvestment in the economy but also take capital away from the important investments that need to be made. As I had surveyed NIRP and ZIRP and QE and NotQE I had thought of it more
We’ve had a great year. Having written those words I just realized that, nearing late December, it might indicate that my intention is to write some kind of “Year in Review”, but that is not at all my intention; it’s only that it feels as though we have found ourselves at a particularly calm moment
Perhaps there isn’t a line between delusion and aspiration; it’s just that there are those with enough good fortune that their delusional beliefs align with reality, and those unfortunate others whose beliefs don’t. It was unusual enough for me to spend three consecutive evenings going out with my wife, but what made it even more
When I bought this townhouse from the attorneys who had used it as a law office for the previous 25 years there were two or three “no-go” areas that I used for storage. The empty basement apartment had suffered the ravages of a burst pipe over a long weekend and so the lawyers put a
I was attending a concert in what was the lobby of the 2nd run movie theater in my neighborhood when I was growing up, the Bing, when I had one of those moments of clarity where a known fact seems to make material an idea or a concept. This is where I grew up. This
Spain’s history after the fall of the Roman Empire is so different from the rest of Europe that as I introduce students to the Renaissance or the Enlightenment I have to point out how those differences are manifest in its art and architecture. When I read articles, books, and blogposts on post war America I
I chose to raise my kids in a city. Not a superstar city, not a boutique city, not a city where most of the white middle class choose to do much of anything but leave. I took a lot of heat for that, and it wasn’t cast in “Minnesota Nice”; I was told by just
(For those of you about to experience TLDNR mode, the short version of this is: Giving money to rich people probably doesn’t cause bread prices to go through the roof cause rich people can only eat so much bread, but giving money to the poor just might “cuz those folks be hungry.” Enjoy the rest
As I was preparing to proctor this year’s PSAT with a colleague she shared a story with me about being among the first students to take the MCAS exam over two decades ago. It brought to mind the fact that I was not only already teaching at that point, but my daughters were attending school
So here’s the comment that got this brain train rollin’: September 16, 2019 at 5:35 pm Steve, I’ve been reading the blog for about a year now; I found it somehow, not totally sure, but I am glad I did. I just moved (begrudgingly) to Windsor CT as my girlfriend works in Hartford and I