Newmark's Door

Eric Falkenstein nicely sorts out a recent pronunciamento from J. Bradford DeLong.

Many mediocre minds are impressed by famous colleagues, graduate degrees, Harvard, or equations. Those people aren't worth impressing. While such signals are correlated with good ideas, they are neither necessary nor sufficient for a good idea. When someone emphasizes these signals, however, that should lower their credibility among thoughtful people because it suggests bad faith, a preference towards pretentious irrelevancies.

Ring the bell; school is out.

Why? Read:

Did we mention the four-bedroom and open living room apartment he rents has "11-foot ceilings, exposed brick walls, piles of hardcover books, and views of chimneys and water towers," and is, the Times is not wrong here "a 1,200-square-foot monument to the Greenwich Village of our fantasies?"

When does Occupy Wall Street take on rent control? I won't hold my breath.

Who'd guessed?

Profile of the inventor of "5-Hour Energy," which is supposedly doing $1 billion per year in sales with a net margin of 30%.

All for a lousy tasting wallop of caffeine. 

My dad used to say, "If you want something done right, do it yourself."

(Well, apparently not some urban, educated parents: "Liberals, Don't Homeschool Your Kids". Sheesh.)

We need a emergency federal investigation into this: "The Bob Famine: Athletes Aren't Named 'Bob' Anymore And There's Nothing We Can Do About It".

Excellent idea.

Boy, I sure hope this works. And they ought to include the calls of politicians and political parties, too. (But I won't hold my breath.)

"Pay cut, hectic schedule can make broadcasting career a challenging transition for ex-players, coaches."

Hey, I'd be willing to try it. And I'll work cheap. 

Interesting profile of the Washington Post's great columnist.