Recent Posts

World Bank has bigger problems than bad writing

Economists, to put it mildly, are not known for their communication skills. The typical economics paper is written in a formal, stilted style, laden with phrases like ‘in the following subsection’ and ‘it has been shown that.’ Jargon flies thick and fast, interspersed with highly formalized mathematical definitions and propositions. For a non-economist to hack through the verbal jungle of ...

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JPMorgan trading dip should be taken in stride

Why so surprised, bank investors? Shares of two of the largest US lenders, JPMorgan Chase & Co. and Bank of America Corp., tumbled recently to their lowest levels in at least four months after executives said second-quarter trading revenue is poised to fall at least 10 percent from the same period a year ago. Rival Wall Street banks with large ...

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An airline-cabin laptop ban could kill people

The laptop ban is coming. Can anyone doubt it? The latest signal came on Fox News Sunday, when Chris Wallace interviewed President Donald Trump’s secretary of homeland security, John Kelly. “Are you going to ban laptops in the cabins on all international flights into and out of the US?” Wallace asked. “I might,” Kelly replied, flashing the small, satisfied smile ...

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