In "Fear the Boom and Bust," John Maynard Keynes and F. A. Hayek perform a gangsta rap about their competing economic theories:
John Maynard Keynes, wrote the book on modern macro
The man you need when the economy's off track, [whoa]
Depression, recession now your question's in session
Have a seat and I'll school you in one simple lesson
BOOM, 1929 the big crash
We didn't bounce back--economy's in the trash
Persistent unemployment, the result of sticky wages
Waiting for recovery? Seriously? That's outrageous!
I had a real plan any fool can understand
The advice, real simple--boost aggregate demand!
C, I, G, all together gets to Y
Make sure the total's growing, watch the economy fly
The China Law Blog (previously) reports on the kinds of questions that western businesses operating in China are raising; China's serious economic downturn and rising authoritarianism have turned the site's normally businesslike posts into a glimpse of a kind of cyberpunk stranger-than-fiction dystopia (for example).
Vinyl is officially back. People are hearing the proof behind the initial “retro” excitement: that records really do have a richer sound. And if you haven’t switched to old-school records for serious listening, it’s a new golden age. Why? Because quality turntables like the Altec Lansing ALT-500 are finally available to a market other than […]
Between all of our apps, streaming devices, Bluetooth speakers, and energy-sucking decorations, paying for utilities each month can be…brutal. In fact, the average household spends roughly $70 a month on the water bill alone. That number might not seem terribly significant, but when you add it up, that’s $840 a year — a pretty significant […]
Seems like no matter what kind of wireless earbud you buy, you’re sacrificing something: Sound for longevity, battery life for durability, the list goes on. Finally, it seems like the tech is starting to come together for the full package in a few newer models. Case in point: These PaMu Slide Bluetooth 5 In-Ear Headphones. […]