Twenty First Century Schizoid Markets
We have something akin to a poorly microwaved pizza — parts are still frozen and parts hot enough to blister your lips.

We have something akin to a poorly microwaved pizza — parts are still frozen and parts hot enough to blister your lips.
What do Vice, the FT and the WSJ have that the Washington Post, Business Week and many other once iconic titles do not?
Yet successful conservative politicians are always empiricists, not idealists…
Even Iceland, this century’s poster-child for financial excess, is almost back to peak economic activity
“In theory there is no gap between practice and theory; in practice there is.”
Japan now finds itself in a deeply uncomfortable position… As Hamlet might have put it, to join or not to join, that is the question.
This goes a long way to explaining the remarkable fall in the suicide rate over the past several years, which has reversed nearly all of the sharp increase of the late 1990s.
Japanese bureaucracies, like others elsewhere, react to the prospect of transparency like a vampire reacts to the coming of daylight.
Japan has become the region’s low cost producer in a range of industries, from shipbuilding to software engineering….
Piketty’s tome was also the “least read” bestseller, with the average reader getting through just 2% of the text.