Talking about Chinese currency on PBS tonight

I have joined the rotation of regular commentators on PBS’s Nightly Business Report. Or maybe I should wait until they actually ask me back to say that. In any case, my commentary on China and its currency-manipulating ways (which I defend) is scheduled to air tonight. The show is on WNET in New York at [...]

Another important hedge-fund-related innovation: the postnup

The you-gotta-love-hedge-funds argument, espoused by the likes of Sebastian Mallaby, rests heavily on the assumption that hedge funds spur important innovations that in turn make our economy better, stronger, faster. Here, from the FT, is striking evidence of such innovation: At least one US hedge fund is refusing to take on new partners until they [...]

Everybody likes pictures of fireworks, right?

Princeton, New Jersey, Saturday night. Not taken with my cameraphone. (My brother, appalled at some of my past photographic efforts in this blog, has just sent me a copy of National Geographic’s The Camera Phone Book: How to Shoot Like a Pro, Print, Store, Display, Send Images, Make a Short Film. Thanks, Harry! I’ll get [...]