Jealousy of the Exchange

A humorously titled op-ed appeared in FT today (h/t to Vince Garton): “The ‘stonk’ bubble poses significant global risks”. It’s some grade-A Finacial Times doomsposting, bringing to my mind the wild days of the early coronacrunh, with its cacaophanous volley of doom loops, parabolic volatility, and inability to keep up with the minute-to-minute spiral of […]

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Stagnation Conscious

Decadence is having something of a cultural moment.ย The Decadent Society, a book by NYT columnist Ross Douthat, is slated to come out at the end of this month, and several high-profile reviews of it have begun to appear on the internet. One notable piece has been penned by Peter Thiel, published byย First Thingsย under the wonderfully […]

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