Worst. Hire. Ever.

I’ve been walking by this ad, for Manhattan Mini Storage, for weeks now. And while I don’t think there are a lot of customers for oilfield equipment and services strolling the sidewalks of the Upper West Side, it’s still a nice reminder of the hazards of hiring a politician to run your corporation. Dick Cheney [...]

Welfare reform, Dutch style

Meet permanently unemployed Dutch guy Gertjan van Beijnum (from today’s Volkskrant, translation mine): The ex art school student stands in the middle of his room in a former squatters’ dwelling, an old hospital in the center of Den Bosch. Since he broke off his studies in 1979, he’s been unemployed. For 28 years now he’s [...]

It’s tough being Ben Bernanke

One of my chief goals in life was realized this morning when I was quoted as an expert alumnus in The Daily Princetonian: The convergence of a slowing economy and rising inflation may present Bernanke with his greatest challenge yet. “Greenspan had this tailwind that he didn’t have any situations like [that convergence]. There’s no [...]