Skip to main content

January 13, 2018

From The New York Times (Niall Ferguson on "Which fiction and nonfiction writers — playwrights, critics, journalists, poets — inspired you most early in your career? And which writers working today do you most admire?"):
I’d have to begin with A. J. P. Taylor, who was the first historian I ever read and who inspired me to believe a) that historical writing should never be dull, but should bristle with irony and paradox, and b) that historical knowledge is a prerequisite for worthwhile commentary on contemporary matters. Another major influence at the early stage was Norman Stone. But it wasn’t just historians who inspired me as I was starting out. As a sixth-former (high school senior), I lapped up Tom Stoppard’s plays, painted a mural inspired by the poetry of Thom Gunn and read compulsively the reviews of punk bands in the New Musical Express. At Oxford, I came under the influence of The Spectator, then edited by Charles Moore, one of the most gifted English journalists of his generation and now Margaret Thatcher’s biographer. But my favorite writer at that time was Flann O’Brien, the great Irish humorist. I have always liked his description of himself as “a spoilt Proust.” No one writing in English today is remotely as funny as O’Brien. Only the French can still produce real men of letters. Chapeau, therefore, to Bernard-Henri Lévy and Michel Houellebecq.

From The Economist:
Daniel Carlson, a sociologist at the University of Utah, has shown that couples (whether married or cohabiting) who share child care and housework duties more equally report greater satisfaction in their relationships and in their sex lives. In the 1980s and 1990s the opposite was true. Men and women used to be content to specialise—he paying the mortgage, she changing the nappies. No longer.

From The Economist:
For those who achieve it, marriage increasingly looks like a triumph. More than in the past, it is a fulfilling union between two people who collaborate (if still rather unequally) in child care, housework and money-earning. Almost all couples now live together before they marry, so people are well aware of what their partners expect of them. Most will have several more years to fine-tune their behaviour before the arrival of children.

From Harper's:
Humans’ judgments of others on the basis of natural body odor do not consistently align with judgments deriving from adulterated, “diplomatic” body odor.

From The New York Times:
If you have 60 years of radical individualism and ruthless meritocracy, you’re going to end up with a society that is atomized, distrustful and divided.

Comments

Popular posts from this blog

February 24, 2018

From The New York Times : We are willing to pay a premium for convenience, of course — more than we often realize we are willing to pay. During the late 1990s, for example, technologies of music distribution like Napster made it possible to get music online at no cost, and lots of people availed themselves of the option. But though it remains easy to get music free, no one really does it anymore. Why? Because the introduction of the iTunes store in 2003 made buying music even more convenient than illegally downloading it. Convenient beat out free. As task after task becomes easier, the growing expectation of convenience exerts a pressure on everything else to be easy or get left behind. We are spoiled by immediacy and become annoyed by tasks that remain at the old level of effort and time. When you can skip the line and buy concert tickets on your phone, waiting in line to vote in an election is irritating. This is especially true for those who have never had to wait in lines (whic...

January 30

From  University of Virginia Working Paper : This paper studies how collecting offender DNA profiles affects offenders’ later recidivism and likelihood of getting caught by exploiting a large expansion of Denmark’s DNA database. We find that DNA profiling increases detection probability and reduces recidivism within the following year by as much as 43%. We estimate the elasticity of criminal behavior with respect to the probability of detection to be -1.7, implying that a 1% higher detection probability reduces crime by almost 2%. We also find that DNA profiling changes non-criminal behavior: profiled offenders are more likely to engage in a stable relationship, and live with their children. From Iris Murdoch : Every book is the wreck of a perfect idea. From  Iris Murdoch : I think being a woman is like being Irish... Everyone says you're important and nice, but you take second place all the time. From  Iris Murdoch : Of course reading and thinking are impor...

February 26, 2018

From The Economist : An equity is a claim on the assets and the profits of a firm; a bond entitles the investor to a series of interest payments and repayment on maturity. Bitcoin brings no cashflows to the owner; the only return will come via a rise in price. When there is no obvious way of valuing an asset, it is hard to say that one target price is less likely than another. Bitcoin could be worth $10 or $100,000. One argument made by bitcoinnoisseurs is that it is a type of “digital gold”. Stores of value are supposed to keep their value; bitcoin, by contrast, is extremely volatile. Its code ensures that no more than 21m coins can ever be created; that sets bitcoin apart from fiat money, which central banks can create at will. Yet being limited in supply is a necessary, but not sufficient, condition for having value; signed photographs of Economist journalists are rare but, sadly, of negligible worth. Nor is supply really limited. Plenty of other cryptocurrencies exist. If the...