Reading

Created
Sat, 13/12/2025 - 02:17
Faced with economic theory’s apparent inability to address real economic and financial problems, economists retreat into the wonderful world of models. Instead of constructing theories based on empirical facts, they abandon the real world and prove things about imagined ones. If the goal is knowledge about the real world, the value of these exercises is, […]
Created
Sat, 13/12/2025 - 00:00

Honestly, I don’t know to whom this letter is directed. God? Harvard? (I’m taking a deep, strengthening breath here) Will Hunting himself? My employer-provided therapist told me to do this, and the university committee says to do whatever she says.

For many years now, I have taken my kids on ski trips several times a year. They still protest, saying skiing is okay, but we don’t need to go every time I have weekend custody. They’ll appreciate it one day when they have kids of their own and relentlessly take them on ski trips.

The part they complain about most is how long it takes to actually reach the resort, because I need to stop at every fast-food drive-thru we pass, where I always order fries. Just fries. No burgers, no drinks, fries. And I always pay close attention to the person serving said fries because I know—I don’t think, I know—that eventually it will be Will Hunting and my prophecy will be fulfilled. I cannot be wrong about that. Because if I am wrong about that, I could be wrong about anything. Or everything. And then, am I even alive? Was I ever?

Created
Fri, 12/12/2025 - 20:05

Consider four events that vividly capture the spirit of our times. In late August 2025, in the port city of Tianjin in northern China, Xi Jinping, Narendra Modi, and Vladimir Putin — surrounded by the heads of state of twenty-three other non-Western nations (among them Iran, Pakistan, and the Central Asian republics) — sealed an […]