I just bought a bottle of Waterman’s ink for $11.34, tax included. The bottle contains 50ml, or less than two ounces, of black ink. This makes ink far more expensive than wine, even quite superior wine. I would have complained—or at least exclaimed—about the price, but the man who sold it to me was so pleasant and so knowledgeable about fountain pens that he quite took the whine out of my sails.Read more
There has been a long stagnation following the “Great Recession.” No good news there. Lots of unemployment, hence no competition for labor and, thus, no increase in incomes. But … at least there is no inflation. That, anyway, is what we are told by the engineers with their handles on the economy’s throttles. The Federal Reserve, in fact, would like to see some more inflation.Read more
Late night comedian Jimmy Fallon ridiculed Energy Secretary Steven Chu for earlier this week giving himself an A- for how he's handled high gas prices:Read more
After struggling to come up with an explanation that doesn't admit a policy failure, the White House seems to have settled on an answer to questions about what led to the grim unemployment numbers last week: Gas prices.Read more
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