Bleach

The decay spreads over the State, and the sweet smell is a great sorrow on the land. Men who can graft the trees and make the seed fertile and big can find no way to let the hungry people eat their produce.  Men who have created new fruits in the world cannot create a system… Continue reading Bleach

We’re all dumb

Kristof has an interesting column in the New York Times today, subtly entitled “Moonshine or the Kids.”  In it, he describes a “politically incorrect, heartbreaking, frustrating, and ubiquitous” truth: poor people do stupid things with their money.  He cites two MIT economists—Abhijit Banerjee and Esther Duflo (who is totally hot right now)—that calculated that even… Continue reading We’re all dumb