Monthly Archives: January 2013

Snow

Washington D.C. awoke to a light layer of snow this morning, the first in a long time. When in moderation, snowy days are some of my favorite weather. Here is a poem by Meng Jiao (751-814): ‚ÄúDistant View of the … Continue reading

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Economic Uncertainty

It has become fashionable for politicians to blame the nebulous concept of “economic uncertainty” as the reason their opponent’s policies are holding back the economy. At least until they decide to pursue a policy (such as threatening to default on … Continue reading

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The Ease of Finding Information

Here is another passage from Timothy Brook’s The Confusions of Pleasure: Later, when [Qiu Jun] was on leave from his research post in Beijing in 1472, he built a library for the use of students at the prefectural school. Built … Continue reading

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Losey’s Don Giovanni

Mozart’s Don Giovanni is probably my favorite opera. And my favorite filmed version of it is the one directed by Losey. I’ve watched the DVD version many times and I learned today that a Blu-Ray version is due out in … Continue reading

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Growth

Whenever The Economist does one of its briefings on an issue, it becomes the first thing to read to get a good understanding of the background. The magazine recently ran a summary on the alleged slowdown in economic growth. This … Continue reading

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Free Trade

Like most economists, I am a supporter of free trade. By “free trade” I mean voluntary contracts, with a minimum of transactions costs. Here’s a description of some trade which I wouldn’t describe as “free.” The rise of commercial conflict … Continue reading

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Wage Expectations

The WSJ posted the graphic below as part of an article on retirement preparedness, which has some interesting information on retirement planning. But there’s also a lesson for the near future. I noticed that 52% of people plan on saving … Continue reading

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