Time Matters

In a brief and wonderful 2003 article called “Clocks and the Wealth of Nations”, economic historian David Landes explained the importance of accurate timekeeping. China missed navigational opportunities because they did not develop the precise clocks needed for latitude and…

The Debate Between Equality and Efficiency

Speaking about the current political climate in “The Populism Problem”, James Surowiecki, New Yorker columnist, cites our contradictions: • Solve unemployment but cut the deficit • Implement health care reform but limit government • Help your society but protect yourself…