January 2012
1 post
Jan 30th
8 notes
October 2011
1 post
“The story is a scandal, and the book should be the bible of Occupy Wall Street....”
– Peggy Noonan, in her recent article The Divider vs. The Thinker, referring to NYT’s Gretchen Morgenson’s “Reckless Endangerment,” an account of the key players in the financial crisis.  Best article I read all weekend. Not because I support Paul Ryan in any way. But rather I find the...
Oct 31st
8 notes
January 2011
6 posts
“47 percent of us trust the IRS compared with 36 percent ten years ago. The U.S....”
– Donovan Hohn, senior editor at Harper’s, in A Superbowl Spot for Uncle Sam. Harper’s tasked a group of ad creatives (Perry Fair of Grey Group, Mark Fitzloff of Wieden+Kennedy, Thomas Frank of Harper’s, Marc Sobier at Goodby Silverstein & Partners, and Con Williamson at Saatchi...
Jan 28th
65 notes
Idea: A Gym Membership that Charges You for Not... →
genius.
Jan 28th
32 notes
Jan 21st
23 notes
Concentration of Power
According to recent financial data from the 3rd quarter of 2010, six banks represent 64% of GDP. These are JPMorgan, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley. In 2006, before the financial crisis, that number was 55%. And fifteen years ago, it was 17%.
Jan 19th
23 notes
“The point, though, is that anyone who claims that transferring some income from...”
– Paul Krugman, Economics and Morality. I always enjoy reading the comments on Krugman’s blog. 
Jan 11th
29 notes
Why Is The US Taxpayer Subsidizing Facebook – And... →
Goldman Sachs is investing $450 million of its own money in Facebook, at a valuation that implies the social networking company is now worth $50 billion.  Goldman is also apparently launching a fund that will bring its own high net worth clients in as investors for Facebook. On the face of it, this might just seem like the financial sector doing what it is supposed to – channeling funds into...
Jan 6th
45 notes
December 2010
19 posts
a traditional kind of gal
A friend of mine is hosting a New Years party themed around New Years traditions. She’s from Atlanta, so her tradition is to eat black eyed peas and collared greens, symbolizing good luck and good fortune in the new year. As usual, I was curious and researched up on other New Years traditions. Also as usual, I am inspired (crazy?) and am going to try to enact all of them tonight....
Dec 31st
27 notes
austerity
is Merriam Webster’s word of the year for 2010. People are making a big deal out of it for some reason.  These are the past words of the year since 2003 when the site started tracking them.  2009: admonish 2008: bailout 2007: woot 2006: truthiness 2005: integrity 2004: blog 2003: democracy And perhaps more interesting are the top words that were created this year. Business Insider lists...
Dec 22nd
19 notes
1 tag
Wall Street... what is it good for? absolutely... →
at least per this New Yorker article.
Dec 22nd
24 notes
1 tag
Dec 21st
57 notes
1 tag
Speaking of Taxes, a Tax on Saving?
From Bob Cringley’s Motivating Miss Daisy “It’s ass-backward, I know, but it would work. Give rich people a short term incentive to spend like poor people, then phase it out over time.”
Dec 21st
7 notes
1 tag
A Holiday Message from Ricky Gervais: Why I'm An... →
“I no longer needed a reason for my existence, just a reason to live. And imagination, free will, love, humor, fun, music, sports, beer and pizza are all good enough reasons for living.” UPDATE: He follows up with a Q&A.
Dec 20th
105 notes
Zuck just cost me $10
Last week, Mark Zuckerberg and 17 more of America’s wealthiest individuals pledged to donate a majority of their wealth to charity over their lifetimes, as part of The Giving Pledge. The Giving Pledge is just that - a campaign, spearheaded this year by Bill Gates and Warren Buffett, to invite America’s wealthiest to pledge to give over 50% of their wealth to philanthropy. It now has 58...
Dec 20th
18 notes
Did you know
the inspiration for Nike’s ‘Just Do It’ came from the last words of murderer Gary Gilmore before he was executed by firing squad in 1977. When asked if he had any last words he replied, “Let’s do it.” That phrase became a meme at the time, with references in movies, SNL, later on Seinfeld, even hit songs. Dan Wieden of ad agency Wieden+Kennedy tweaked it to be...
Dec 18th
40 notes
Dec 17th
16 notes
mitch in the kitchen →
My college roommate and bff Michelle has this great blog of her adventures in home cooking. Complete with recipes and photos and funnies. Check it.
Dec 17th
19 notes
TED Talks for Foodies
Carolyn Steel: How food shapes our cities Peter Reinhart on Bread Louise Fresco on feeding the whole world Barton Seaver: Sustainable seafood? Let’s get smart Dan Barber’s foie gras parable Christien Meindertsma: How pig parts make the world turn Ann Cooper talks school lunches Benjamin Wallace on the price of happiness:  William Li: Can we eat to starve cancer? Michael Pollan gives a...
Dec 16th
43 notes
1 tag
On Income Inequality →
This is a must read. Tyler Cowen, in his latest (long) article in The American Interest, takes us through the evidence of income equality, opines on the actual impact, and then asserts some root causes. While I don’t necessarily agree with it all (mainly his assertion that the root cause is practice of ‘going short on volatility’), it is really a great read. Let’s discuss!
Dec 15th
31 notes
1 tag
Discovery
I just had an awesome series of discoveries. I’ll take you through my journey.. I had recently stumbled upon and posted photos of Jonathan Safran Foer’s new innovative novel, Tree of Codes. It is innovative because it is basically a novel cut out of another novel. He literally cuts out words from his favorite novel, The Street of Crocodiles by Bruno Schulz, thereby creating a new...
Dec 13th
9 notes
historians discover tiny numbers and letters in... →
A member of Italy’s National Committee for Cultural Heritage found a musty old book in an antique shop which describes how the Mona Lisa’s eyes are full of various signs and symbols. This prompted the committee to examine high res images of the painting. Sure enough - they found symbols and letters in the eyes! There’s an LV in the left eye, and in the right eye are symbols.. or...
Dec 13th
74 notes
1 tag
Dec 11th
14 notes
1 tag
Dec 10th
22 notes
Dec 8th
165 notes
taxes shmaxes
Just kidding - it’s a big deal! So what is the deal with the tax deal? Well I’m sure we’ve all read about the details (just in case, here’s a quick overview): Bush tax cuts: Most of the current tax rates on income, dividends, and capital gains will be extended for the next two years. Stimulus programs: These were set to expire this year, but have been expanded and...
Dec 8th
12 notes
1 tag
Dec 7th
5 notes
November 2010
24 posts
1 tag
best thing i read today: Misery as Motivation →
Harvard Business Review suggests entrepreneurship is compensation for personal weakness and inner misery.
Nov 30th
9 notes
the egg theory
When instant baking mixes were introduced in the 1940s, some did well (piecrusts, biscuits) and others did not (cake mixes). Marketers wondered why this was the case. One theory was that the cake mixes simplified the process so much that women did not feel as though they had actually made anything. A piecrust or a biscuit were just a component of a larger meal, but a cake was its own course. A...
Nov 29th
91 notes
1 tag
Nov 27th
15 notes
1 tag
Nov 26th
8 notes
1 tag
why is a turkey a turkey
Today I learned how turkey got its name, thanks to the newsletter to which I am newly subscribed, Now I Know. Now I Know was recommended to me by a w.i.l.t. reader who sends out a daily dose of something he finds interesting. So turkey. It’s actually indigenous to the US and Mexico. The bird, considered a delicacy, was brought to Europe via merchants in the East. It wholesaled out of Turkey...
Nov 26th
18 notes
1 tag
Nov 24th
6 notes
2 tags
“Economic Man makes logical, rational, self-interested decisions that weigh costs...”
– The Marketplace of Perception : Harvard Magazine (new ambition.. neuroeconomics!)
Nov 19th
24 notes
1 tag
Nov 18th
15 notes
2 tags
Nov 17th
10 notes
2 tags
best thing i read today: Sorry, But Your Soul Just... →
This was a celebrated essay written by Tom Wolfe, first published in 1996. It was referenced in an article I recently read, and it’s great - especially reading it in retrospect. It’s describes Wolfe’s fascination with neuroscience, and his fear for the repercussions of the prominent idea of neuroscience at the time that we are all hard-wired.. genetically predispositioned to be...
Nov 16th
20 notes
Nov 16th
22 notes
1 tag
You Fix the Budget →
The NYTimes interactive deficit project is great. With just some cuts on spending and a few tax increases (carbon), and some major changes to medicare (capping it in 2013?), I fixed the budget! Easy enough, right? But apparently, nobody cares about the deficit.
Nov 15th
14 notes
1 tag
Nov 13th
16 notes
1 tag
The Power of FREE
A few weeks ago a club here in New York had an event with free tattoos. (I can’t figure out which, but it mayyy have been this event at 3rd Ward.)  Dan Ariely, a professor of psychology and behavioral economics, sent a research assistant to observe.  In the 5 hours the researcher was there, from 9pm to 2am, she observed 76 people, ages 18 to 47 with an average age of 26, sign up for a free...
Nov 12th
16 notes
1 tag
Nov 12th
52 notes
1 tag
The Economics of Seinfeld →
Just stumbled upon this site, yadayadayadaecon.com. It is operated by three econ professors who select clips from Seinfeld to illustrate economic concepts like price ceilings, moral hazard, cost-benefit analysis, game theory, arbitrage, etc.  Some examples: The Bottle Deposit episode, where Newman and Kramer scheme to take bottles from New York, where the deposit is 5 cents, to Michigan, where the...
Nov 11th
101 notes
2 tags
“Victor Hugo would write naked and tell his valet to hide his clothes so that...”
– What we can learn from procrastination : The New Yorker (via Instapaper) Great article explaining different schools of thought on procrastination. Those described are: ignorance - if we act against our own interests, it must be because we don’t know what’s right the planning fallacy - people...
Nov 10th
3,068 notes
1 tag
237 reasons people have sex
A friend of mine is taking a sex class at Harvard. She told me about a study they read that found there are 237 reasons that people have sex. It was written up in the NYTimes a few years back.  Per the abstract of the study, the first part used a  nomination procedure to identify “237 expressed reasons for having sex, ranging from the mundane (e.g., ‘I wanted to experience physical...
Nov 10th
51 notes
San Francisco Bans Happy Meal →
An ordinance was just passed in San Francisco that requires meals to meet certain nutritional guidelines if restaurants want to include a toy with purchase. On a similar note, Yale researchers just released a report on fast food nutrition and marketing. Some interesting findings were only 12 of 3,039 kids’ meal combinations meet the researchers’ nutrition criteria for preschoolers  ...
Nov 9th
40 notes
1 tag
but the real question is, would you WANT to live...
Can we actually live forever? I’d always figured that, given historical increases in life expectancy over time, it likely would not be the case.  But then I watched this TED Talk by Aubrey de Grey. He’s a British researcher on aging who claims he has drawn a roadmap to defeat biological aging.     He believes we can identify what causes human tissue to age and design remedies for...
Nov 8th
17 notes
2 tags
best thing i read today: Inside the Minds of... →
A super interesting article I finally got to today. It provides some examples of the consciousness of animals. Most fascinating anecdote was how Kanzi, a 29 year old male bonobo, knows 384 words, can build thoughts and sentences, and when he tried kale, he named it “slow lettuce” because it takes longer to chew than regular lettuce. 
Nov 5th
595 notes
2 tags
Slurpee Summit
This is kind of funny. Throughout the midterm election campaign, Obama made a joke about Republicans “standing, watching us, sippin’ on a slurpee” while Democrats did all the work for the country. He later joked in a press-conference about Republicans and Democrats meeting for a “Slurpee Summit,” saying “they’re delicious drinks.” Now 7-Eleven is...
Nov 5th
14 notes
2 tags
Nov 4th
79 notes