Category: Uncategorized

Hollywood markets in everything

 The Quality Cafe doesn’t even function as a real diner anymore. It stopped serving meals in 2006, but it’s been doing pretty well for itself as a film location over the past few decades … So now you know: If you ever get the feeling that all the diners used in Hollywood movies look the same, that’s because they probably are.

There is more here.  And from elsewhere, here is a market in a feline lap surrogate.  And here is how to keep your kid’s gaming down.

Assorted links

1. There is no great stagnation, toddler edition.

2. Michael Gibson is now blogging at Forbes, including on education and tech stagnation.

3. By Philip Wallach, what really to do about the debt ceiling.

4. Wade Davis reviews Jared Diamond.

5. Analysis of Lindsay Lohan.

6. Long and very good Economist piece on whether there is a great stagnation in technology.

7. Jim Manzi on lead and crime.

My favorite things Guatemala

I am headed there this morning for a Liberty Fund conference.  In terms of the list, I came up with a bunch rather quickly:

1. Writer: Miguel Ángel Asturias.  I don’t see why he isn’t a bigger deal with U.S. readers, given that he won a Nobel Prize for literature.  His Hombres de maíz is a beautiful book.  There is also Francisco Goldman.

2. Blogger, tweeter, and economist: Andres Marroquin.

3. Painter: Julian Chex, from the naive school of Comalapa, and some of his relatives too.  Carlos Mérida is also Guatemalan and not Mexican as many believe.

4. Movie, set in: You’ve got Predator and El Norte, for a start.  As for filming, the Star Wars medal ceremony was shot in part in Tikal National Park, scroll all the way down here.

The country has some of the best textiles in the world and in great profusion.  It has an important university with a superb museum.  A hotel run by Frances Coppola.  And much more.

Assorted links

1. Charles C. Mann reviews Bernard Bailyn.

2. Becker and Murphy on whether we have lost the war on drugs.

3. How loud should religious announcements be?

4. A paper on lead exposure and crime, internationally (pdf), and some predictions here, including that Latin American crime will fall sharply.

5. Is it too easy to meet someone new?

6. What will induce nostalgia in 2033?

7. Is Social Security in worse shape than we think?

If we could preserve only one sentence…

Ian Leslie writes to me:

John Lanchester in the LRB:

“Richard Feynman was once asked what he would pass on if the whole edifice of modern scientific knowledge had been lost, and all he could give to posterity was a single sentence. What axiom would convey the maximum amount of scientific information in the fewest possible words? His candidate was ‘all things are made of atoms.’ In a similar spirit, if the whole ramshackle structure of contemporary macroeconomics vanished into thin air and the field had to be reconstructed from scratch, the sentence which packs as much of the discipline into the fewest possible words might be ‘governments are not households.’ “

At the very least I would ask for “In the short run, governments are not households.”  I might even consider “Today is a long run from some time back.”  And I have a suspicion what Scott Sumner would say.

Throughout keep in mind that 99% of all historic cycles have been “real business cycles,” and that sovereign bankruptcy is a historical norm, even though today many major sovereigns are quite creditworthy.