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Economics Should Fail Better

Let’s have fun. Let’s pitch Beckett against Nietzsche. First the philosopher: “The mitigation of our customs is the consequence of our weakness”. Now the playwright: “Try again. Fail again. Fail better.” Nietzsche seems to be arguing that it is a sign of weakness to modify, water down, or otherwise tamper with tradition. He makes no […]

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Sargasso?

OK I admit it’s a stretch, but what else am I to do? Every day we see news that confirms the obvious. The economy, while recovering, is doing so at such a snail’s pace that most of us don’t notice. We are all running out of useful analogies to describe it. Our drift has gone […]

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