The anonymous blogger Pseudoerasmus recently returned to activity after a hiatus (not counting Twitter) of several months. Though he describes himself as a “hopeless positivist”, I think of Pseudo as a sort of empirical volcano; his trademark style is to confront plausible-sounding (but often complacent) economic-historical theories with a veritable ash-storm of contradicting facts. These … Continue reading Branko’s Law: Inequality is eating away at Democracy
Month: July 2016
A Second Law of Strategy: All Profits come from Routine Innovation
If you want to convince yourself you can read a foreign language, try reading business articles. Well, let me clarify that: I’m not saying business English is a foreign language, I’m saying that business articles in another language you more or less know will prove surprisingly transparent. I spent a recent flight back to the … Continue reading A Second Law of Strategy: All Profits come from Routine Innovation
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