“There is an opinion that A quality guys will find B quality women, B quality guys will find C quality women, and C quality men will find D quality women…The people left are A quality women and D quality men.” Huang Yuanyuan, commenting on marriage in China…
Happy Birthday to a Great Father (of our economy)
When you sing happy birthday to Alexander Hamilton today, please just think of this upward sloping (logarithmic) economic growth line: Today, 257–or maybe 259–years ago (no one is positive) on the Caribbean island of Nevis, Alexander Hamilton was born. Only…
One Reason That Geography Matters
Have you ever looked closely at Japan and the United Kingdom? Described by geographer Jared Diamond in a fascinating podcast, they look remarkably similar. Today Japan and the British Isles are modern industrial societies. Both are north/south archipelagos located in…
Do You Live in a Popular State?
Listening to Bloomberg news the other morning, I heard that Atlas Van Lines just came out with their annual migration study. The radio report said New Jersey had the most departures while Oregon had the arrivals. (No, people from NJ…
Income Inequality Questions
Seeing economists Emmanuel Saez and Thomas Piketty’s favorite graph of the year at Ezra Klein’s Wonkblog, I thought of Benoit Mandelbrot. The father of fractal geometry, Dr. Mandelbrot told us that the closer you look, the more you see. From a…