“The way to make a train go fast is to keep it from going slow.” That bit of Zen was told to me by one of the nation’s foremost rail experts back when I worked on that issue. He was explaining that part of developing a high-speed rail system entails straightening out existing curves in… Read more
Over at the Upshot, with some info on real progress towards transparency in these private exchanges thanks to the work of NYS AG Eric Schneiderman.
And even if he is, given the numbers they’ve been posting, with enemies like that, who needs friends? Over at PostEverything.
Well, I’ve been sort of off the grid for the past week (i.e., as far off as I’m comfortable, meaning I was rarely out of range of wifi; actually, a few hours ago I stood atop the continental divide, where thankfully, there is yet no wifi) but now return to life as I know it. … Read more
I often cite the great New Orleans pianist/composer at moments like this, when the economic data are jumping around this way and that. Most analysts, myself included, agreed that first quarter GDP was a large outlier, but not to put too fine a point on it, that -2.9% was just a crap number (here’s my… Read more