Light the first light of evening, as in a roomIn which we rest and, for small reason, thinkThe world imagined is the ultimate good. This is, therefore, the intensest rendezvous.It is in that thought that we collect ourselves,Out of all the indifferences, into one thing: Within a
One paragraph from a great piece by Ben Horowitz on why founding CEOs fail, or, turned around, what is the new role of the leader? Make people consider the data they don’t have In today’s world, product teams have access to an unprecedented set of data on
Daniel Alpert does a great job of characterizing the opening decade of the postnormal, an age of apparent oversupply, where people are underemployed because there seem to be no safe investments and there is a world full of others willing to work for less, in
It’s a reminder that prices in emerging markets are hardly as stable as those of us in developed economies might expect — and also that instability may come from the most innocuous places. While inflation is usually far from the minds government officials in the
Krugman spells out the Paradox of Thrift: when the interest rate goes to zero — like the past five years — cuts in spending reduce the incentive to invest, which is contrary to the normal regime: For those who don’t know or don’t get the paradox
Noam Scheiber says that populist Elizabeth Warren is Hillary’s worst nightmare. Noam Scheiber Judging from recent events, the populists are likely to win. In September, New York City Public Advocate Bill de Blasio, running on a platform of taming inequality, routed his Democratic mayoral rival, Christine Quinn,
Large-scale destruction is well known in Detroit, but it is also underway in Baltimore, Philadelphia, Cleveland, Cincinnati, Buffalo and others at a total cost of more than $250 million. Officials are tearing down tens of thousands of vacant buildings, many habitable, as they seek to
American food policy has long been rife with head-scratching illogic. We spend billions every year on farm subsidies, many of which help wealthy commercial operations to plant more crops than we need. The glut depresses world crop prices, harming farmers in developing countries. Meanwhile, millions
Paul Krugman (and Larry Summers) peer behind the backdrop and see the postnormal economy may be with us for decades. excerpt what if the world we’ve been living in for the past five years is the new normal? What if depression-like conditions are on track to persist,
Roxane Gay counters Michelle Cottle’s ’ rankly condescending piece of shallow provocation for Politico’, in which every double-bind in the 'feminist mandates’ is marshaled to undercut Michelle Obama. excerpt Women so often face impossible choices in life, in work, in feminism. We are either “independent and empowered” or we’re tools of the patriarchy. For