4. Ross Douthat on Trump’s Fed pick (NYT). Endorses the idea of Ramesh Ponnuru, Karl Smith, Scott Sumner or David Beckworth.
5. “Contrary to popular accounts, this study finds that cross-national diffusion [of Google searches] is surprisingly rare—and seldom U.S. led—but occurs through a multichannel network with many different centers.” And here is a picture.