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02/25/2018

Current Affairs

Is Los Angeles America’s most “right-wing” city?

Right-wing isn’t exactly the right word, but neither is conservative nor libertarian.  Let’s put it this way: in which American city is the principle of sexual dimorphism so pronounced and so accepted and so built into the city’s most fundamental sector (Hollywood)?  In which American city is risk-taking and the resultant income inequality so much […]
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My Conversation with Matt Levine

Here is the transcript and audio, Matt was in great form.  We covered Uber, derivatives, crypto, Horace, Latin and the ancient world, neighborhoods of New York City, whether markets are volatile enough, Buffy the Vampire Slayer, whether IPOs are mispriced, Nabokov and modernist literature, Achilles and Homer, and of course the Matt Levine production function […]
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The return of Nigeria’s kidnapped girls

Joe Parkinson and Drew Hinshaw at the WSJ follow up on what was a super dramatic story that turned into a neglected and under-reported tale.  What is life like for the Boko Harum kidnap victims after their liberation? The women had acclimated to the forest camps where Boko Haram insurgents threatened them at gunpoint to […]
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Land value capture is an idea whose time has come

That is the topic of my latest Bloomberg column, here is one excerpt: Using land value capture for New York City subway improvements makes sense because other funding methods have failed politically. Earmarking some of the state income tax to the subway might be better, but people who don’t use the subway — the majority […]
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