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Not Enough Pizza
“It’s hard not to be sad about the passing of old, personalistic cultural tropes. But entrepreneurs exploiting microphone technologies on digital platforms are going to wipe out most of them. And it’s just as well, because we could never make that much pizza.” ~ Michael C. Munger
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New Home Construction Outlook Remains Weak
“New housing permits fell again in November as low affordability suppresses demand. Very low homebuilder sentiment suggests an unfavorable outlook for housing.” ~ Robert Hughes
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Adam Smith on Humanity’s Greatest Weakness
“Worse than simply refusing to see our self-deceit, we feel morally justified in transgressing against others. Smith was right, self-deceit is responsible for much of the suffering of humanity.” ~ Barry Brownstein
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