business writing: thedrawingboard.net
other writing: medium.com/@plewis67
The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
Can you see the problem?
Can you see the problem?
[Gladys Mitchell]
[Gladys Mitchell]
$BBWI
$BBWI
People use quantitative data in order to debunk qualitative impressions.
But when the data we are discussing is putative welfare measures (e.g. real income or wealth, GDP per capita, etc), the *qualitative* measures are foundational, the quantitative mere proxies. 1/
To start, one of the most important but messiest to actually understand and use: recidivism.
A mess to think about, and a mess to measure.
To start, one of the most important but messiest to actually understand and use: recidivism.
A mess to think about, and a mess to measure.
1. Extremely bad for society, in many ways.
2. Very genuinely popular with lots of people.
*allegedly. (is this enough? don't sue me xx)
*allegedly. (is this enough? don't sue me xx)
from Lancelot (1977), by Walker Percy
from Lancelot (1977), by Walker Percy