I’m off on another hike this weekend. Here’s a hardy blend for your consumption while I’m away.
The Myth of Sisyphus by Albert Camus:
The gods had condemned Sisyphus to ceaselessly rolling a rock to the top of a mountain, whence the stone would fall back of its own weight. They had thought with some reason that there is no more dreadful punishment than futile and hopeless labor.
Scott Sumner on the cause of the recession and NGDP targeting:
Goldman Sachs’ case for NGDP targeting (plus QE):
The amazingly fascinating story of the Kilogram:
As a metric unit, the kilogram is “equal to the mass of the international prototype,” according to the official definition. In other words, as metrologists like to point out, it has the remarkable property of never gaining or losing mass. By definition, any physical change to it alters the mass of everything in the cosmos.
Relative to the témoins and to the national standards, Le Grand K has been losing weight — or, by the definition of mass under the metric system, the rest of the universe has been getting fatter.
A climate skeptic confirms climate change:
Jared Bernstein argues Tax Repatriation is a bad idea:
Higher speed limits are safer:
Higher speed limits are often safer because what is worse than speed is variable speed, some people driving fast and some driving slow. When the speed limit is set too low you get lots of people who safely break the law and a few law-abiders who make the roads more dangerous.