Tuesday, 13 October 2009
Sometimes I think you should stop reading my blog and just read Steve Randy Waldman's Interfluidity instead.
His last two articles, like nearly everything else he writes, are full of brilliant insights.
In "Information is stimulus", he answers Paul Krugman's (and my) question about asymmetry clearly and convincingly, making a thoroughly true case for certainty as a source of economic strength.
In "Vanilla afterthoughts", he neatly clarifies the argument for vanilla financial products while providing an entirely new insight into its public choice consequences.
I have noticed several times that he seems to be thinking more or less what I want to think, but is about three steps further ahead. Maybe that's because he used to be a Java programmer before taking up economics. Whereas I...used to be a Java programmer before taking up economics.
Hoping to see Steve writing a bit more in future, as he's been quiet this summer.