Links 1/15/2024 | naked capitalism

Stray cat too chunky to fit in cage is adopted in Virginia, will diet WaPo JPMorgan’s annual profit surges to record even as quarterly net income dips Reuters. A metaphor? JPMorgan Chase Building at 270 Park Avenue rises 423 meters in Midtown Manhattan and it’s scheduled for completion in 2025. This is a detail of […]
Germany skirts recession at the end of 2023 but faces prolonged slump

German Chancellor, Olaf Scholz arrives for the weekly federal government cabinet meeting on Oct. 11, 2023 in Berlin, Germany. Michele Tantussi | Getty Images News | Getty Images Europe’s largest economy contracted by 0.3% year-on-year in 2023, as high inflation and firm interest rates bit into growth, the Federal Statistical Office of Germany said Monday. The estimate […]
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Poland Issues Military Order You Have 6 Hrs To Report For Service

As of yesterday, Poland has issued a new directive that if you are called for military service, you have just 6 hours to report. The penalty for failure to report is three years in prison. If you cannot make it there in 6 hours, call the commander and explain why. If you fail to show […]
Against Zero Sum Thinking – Econlib

I recently wrote about a few claims made by the socialist writer Nathaniel Robinson regarding profits and competition in schooling. He argued that a profit and loss system would give schools incentives to provide as little education as possible and that competition would, at best, be useless to fix this. Aside from the problems I […]
Property in Words: Not Even Under Suspicion
Who owns words? If words are mine, can they be yours, too? In a sense, language has to be “ours,” a shared resource that all can use. What about ideas? Ideas are, after all, often expressed in words. But ideas are a particular sequence of words; an “idea” is a new sequence of words, an […]