Statistics are ugly little buggers. We begin this morning with a scandal story or our own, assess why Japan’s mini-crash this week means something in longwave econ terms, and then we get into the good stuff: As we look at the problem of whether poverty is a “choice” we quickly descend into harsh realities of self-deception. We develop some
notes on how humans (like us) can still us shortcuts to get great economic results. What we find, I think is interesting and useful. But not as useful as our “first things” column and a few headlines, along with that first cup of coffee…
