For those who want to delve into the intricacies of subprime mortgage math, my item on subprime mortgages garnered some reaction, including an item from Felix Salmon at Portfolio.com seems to have taken up the challenge of proving that my view is nothing less than evil. Felix’s central objection is that most subprime loans were [...]
The Associated Press has a story about about a man stopped trying to leave Italy with a $500 million check. It’s not clear exactly what kind of check; the implication is that it’s a cashier’s check, or the Italian equivalent. And the other implication is that it’s real. Says the Associated Press story: The man [...]
At the risk of turning away even more of the potential audience, I want to take a couple of minutes to talk about … Aristotle. Yes, the Greek philosopher. Which (if you’re counting) makes this entry even less timely than the one about the Jamestown colony. Aristotle’s Poetics divides men into “higher,” or noble, and [...]
