One heartening thing about modern economies is that negative shocks (super storms, tsunamis, fukushimas) don't seem to have lasting effects. The long term trend line will show a momentary dip, but economic activity tends to return to the same trend line as if nothing had happened. Planet Money covers this nicely through the metonymy of Coney Island.
Wednesday, April 03, 2013
Tuesday, April 02, 2013
"i don't do shows with dragons" - a quote from a recent NY Times article on Game of Thrones. It still surprises me how popular Game of Thrones is. But I guess in an era where geek genre fiction has dominated the box office, it shouldn't be. Still, for me, the strength of the books back when I started reading in college was that it mostly operated without dragons and magic, and I lost interest precisely when dragons and magic started playing a greater role.