Is Victorian writer Walter Bagehot, whose adage “lending freely against good collateral at a penalty rate” has been gospel for central bankers, still relevant in a post-Great Financial Crisis world?
Read more...~ Today’s Water Cooler ~
Read more...The New York State Senate passed a comprehensive electronics right to repair measure, but the legislative session ended without State Assembly Action, so the legislation remains stalled.
Read more...What That Means For Biden’s Inflation Policy Trilemma
Read more...If we start bribing citizens to get vaccinated, what else are we going to end up needing to bribe them to do?
Read more...By Lambert Strether of Corrente. Readers, I have thrown in the towel on fixing my trackpad — clearly a software issue, since the mouse works on the login screen — and so I am reinstalling MacOS (just like we used to do for Windows). It’s only going to take three hours, also like Windows. Ugh. […]
Read more...The big bet of One Medical and companies like it is that greater spending on primary care will fatten their bottom lines while reducing overall health costs for their clients.
Read more...The military’s ‘civil war’ letters on behalf of the ‘silent majority’ marks a shift to the Right that progressives…
Read more...Maxims for ownership, because markets.
Read more...By Lambert Strether of Corrente. Patient readers, this too will be a short Water Cooler, since I have a second post to write. –lambert Bird Song of the Day The Powerful Woodpecker (mostly calls, but occasionally exerting its power). * * * water_cooler.otln #COVID19 At reader request, I’ve added this daily chart from 91-DIVOC. The […]
Read more...The issues and the cast of characters at Warrior Met Coal.
Read more...A large-scale preschool program – even one with less per-child expenditures than model preschools – can deliver long-run benefits to students.
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