Serious investment thinking that doesn’t take itself too seriously.
There's no need to be beastly to the hun if the hun are being beastly to themselves. Who needs fake news when the real news is scarcely believable? The Daily Telegraph, Britain’s most traditional and patriotic broadsheet newspaper, is eulogising Germany (of all countries) for a massive spending...
Washington, DC is going through its annual budget charade. The US Congress is no longer capable of approving individual budgets and appropriations. Instead, a handful of leaders...
From obscure 12th century statutes to amusing judicial wigs, there’s much to admire in the gradual development of Britain’s legal order. However, the outdated leasehold...
Before it dies, I want to come out in favour of the hyperloop project in Minnesota to create underground tubes in which people would travel in capsules propelled by...
In 1988 Michael Sklarz and I published a paper called “It’s Time for Some Options in Real Estate.” In 1995 David Geltner and I suggested that we needed a fourth asset class,...
The eyes of the world may be on the US presidential election. But another, usually sleepy campaign is underway: European Parliament elections in June 2024. Most of the action...
In 1604, the English judge Sir Edward Coke declared that “the house of everyone is to him as his Castle and Fortress.” The intervening years turned the saying to “and...
The world is in turmoil. The war in Ukraine grinds on, with persistent calls for the United States to continue supplying Ukraine’s war effort. China may be poised to invade...
Back in July, I was invited to give a keynote speech at an international conference we hosted in Cambridge. In it, I took the opportunity to look back at Cambridge economics a...
The great debate continues over Flaco the eagle-owl spotted recently flying around our home on New York’s Upper West Side, a year after he got loose from the Central Park Zoo:...