In 2011 underwater archaeologists discovered the remains of the San José, a galleon sunk near Lubang Island, Philippines, in July 1694. It was one of 788 galleons that sailed between Manila and Acapulco, Mexico, between…

This week, we speak with Ray Dalio, founder and Chairman of Bridgewater Associates, the world’s largest hedge fund. Dalio is known for his practical yet unconventional understanding of economics, which he spells out in his…

First Asian giant hornet nest in US found in Whatcom County to be eradicated this weekend King5 A Chasm Deepens in America’s Credit Markets, Swallowing Smaller Firms Bloomberg. You say “swallowing smaller firms” like that’s…

Yves here. Sundaram provides an informative, high level discussion of the hazards posed by limited liability companies. One might add that they are less dangerous in a system with strong regulation, liability protection, and a…

Yves here. On the one hand, Covid will be with us for some time, and so will its effects on the housing market. But a recent Wall Street Journal interview of CEOs showed way over…

Given the importance of labour market outcomes for the wellbeing of individuals and households around the globe, policymakers are growing increasingly interested in the role of vocational training in helping to improve the transition between…

In order to promote social distancing to contain the spread of Covid-19, governments introduced strict regulations. This column uses interviews from before the 23 March announcement of a nationwide UK lockdown and after the announcement…

https://www.wsj.com/articles/the-making-of-led-zeppelins-whole-lotta-love-1401390281 Small Faces You need lovin Willie Dixon was not credited for the song until he sued Led Zeppelin in 1985.. It is also generally assumed that Led Zeppelin were inspired by the Small Faces’…