Fast and Slow Stock Markets

Goldman Sachs is asking $30 million for a firm that, 14 years ago, it purchased for $6500 million ($6.5 billion). The story (sort of) starts 222 years ago. Wall Street was where our first Congress met…

Tall and Short Populations

Princeton economist Angus Deaton estimates that it will take 500 years for Indian women to reach the height of English women. In The Great Escape, Dr. Deaton explains that a population could be short …

How Might the SEC Relate to SNL?

Starting with an excellent New Yorker magazine profile of SEC Chair Mary Jo White, I wound up at Saturday Night Live. First, some background on Ms. White: A tough federal prosecutor and top partner at…

How to Reduce Your Commuting Delays

Transportation can be called a “friction.” Costing us huge time and money, we spend as much on transportation in the US as on health care. And now, we might add $50 billion to the total. I…

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