A day late on links, still aiming for Saturdays.
Sumner on neoliberalism, progressives, etc. My favorite political post of the month.
Timothy Taylor on tragedy of the commons, specifically, fisheries. I’d love to see a meta-analysis of these “fork in the road” charts and how accurate the intervention/non-intervention paths are.
Another terrible rule out of China, h/t Tyler Cowen. I imagine some extremely imaginative company will compute credit scores without this and it will have no effect. Or something.
Another Charlie Munger post from Farnam Street, Charlie Munger has been in vogue for several years now among those who seek “underrated” investing gurus, probably better known than Howard Marks and Seth Klarman. Charlie is a cult figure for good reason, and this post is an excellent sampling of why.
Kitces is back with a post on the strengths and weaknesses of approaches to income in retirement. If we’re to judge by his frequency of posts relating to it, this is definitely an area where Kitces thinks there’s plenty of room to improve our understanding vs. the status quo.
Lastly, books: at one point I was hoping to do book reviews because it’s a sexy idea, but it turns out I don’t like writing them at all. Instead, I’m just going to put a note at the bottom of links with books that I’ve finished and put the book review tag on the post. Maybe a paragraph about it, certainly not a review, though.
Surely You’re Joking, Mr. Feynman!: A very funny, very insightful collection of mostly chronological anecdotes from Richard Feynman’s life. His approach to life and adventure is uniquely optimistic and pragmatic at the same time.
Dune: I realized the last many books I had read were non-fiction of one kind or another, and started a hunt for my next fiction read. I started seeing Dune on all of the “top X” lists, and when I asked Kate for recommendations it was the first thing she said — I almost took a day off work to read it, it was so hard to put down. Can easily see why it’s a science fiction classic.
