On June 25th, 2019, rapper Travis Scott announced a collaboration with Reese’s Puffs cereal, selling limited-edition boxes for $50. That price seemed ridiculously high to me. I wouldn’t pay $5 for cereal, let alone $50. Joke’s on me though, because they sold out in less than a minute. The next day they were up on … Continue reading Respect the Hustle: Travis Scott Cereal Boxes and Arbitrage
Recently a friend and I were ranking creepiest love songs. The beautiful, but haunting “Hallelujah” by Jeff Buckley was mentioned as a runner-up. I suggested that really anything by the ever-angsty Death Cab for Cutie qualified. But we ended up agreeing that “Every Breath You Take” by the Police takes the cake. He may only … Continue reading Every Breath You Take: Smith’s Creepy, Yet Impartial Spectator
Alex: No! I was right! ….A year ahead of time. Clearly, I was just predicting the future. Paul Romer is a Nobel Laureate for “integrating technological innovations into long-run macroeconomic analysis.” Remember when I talked about the impact of innovations in South Korea in our 2017 predictions? How they were on the cutting edge with … Continue reading We Got It Wrong: Paul Romer and William Nordhaus share the 2018 Nobel Prize in Economics.
Turns out it takes an economist to run a preschool adequately. Hernando de Soto shares how property rights can make a difference.
I confess: I’m addicted to the battlefield that is the Facebook comments section. Maybe I need to go see a psychiatrist, but the moment I discover a comment thread where two wildly different ideas clash, my interest is immediately piqued. I even enjoy a healthy dose of schadenfreude whenever a conversation devolves into personal attacks. … Continue reading The Truth Behind Facebook Arguments