Capital City
No other way to state this, but baldly: The article, Capital City, is phenomenally brilliant and insightful. Its author, Kevin Drum, not merely knows his stuff, he did his homework and lays bare the connections for all to see.
And it comes with my strongest recommendation to read, despite its length. Not only will you learn a thing or two (I did), but it also is likely to bring your blood to a boil.
(I do wish, though, that writers and their editors would learn the difference between "danger" and "peril" -- they are not synonyms for the same notion. When Kevin Drum says, "dangerous" in fact he means "perilous.")
-- David M Gordon / The Deipnosophist
And it comes with my strongest recommendation to read, despite its length. Not only will you learn a thing or two (I did), but it also is likely to bring your blood to a boil.
(I do wish, though, that writers and their editors would learn the difference between "danger" and "peril" -- they are not synonyms for the same notion. When Kevin Drum says, "dangerous" in fact he means "perilous.")
-- David M Gordon / The Deipnosophist
Labels: Company analyses, Economics, Humanities, Market analyses
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