September 11, 2001

This year I wasn’t going to mention “9/11”. And I didn’t on that anniversary. I thought I had blogged about my own experiences of that day years ago, but apparently, I never have. Ammo.com had sent me their article on the event, and I wrote back saying I wasn’t going to mention it this year. But I guess I will after all. Just a little late.

E-Cigarettes: Media Bury the Lede, We Get to Bury the Bodies

Nearly every national headline on the story emphasizes “vaping-related” illnesses and deaths.  Nearly every first paragraph associates Walmart’s decision with those illnesses and deaths. “Burying the lede” is the journalistic malpractice of failing to mention the most important facts of a story in the first (“lead” or “lede”) paragraph. That’s what’s going on here.

The Fault Is Not in Our Stuff But in Ourselves

Bruce Sacerdote‘s NBER Working Paper, “Fifty Years of Growth in American Consumption, Income, and Wages” provides a nice update on the measurement of CPI Bias.  The punchline should be obvious, but it’s great to hear such an eminent economist say it: “Meaningful growth in consumption for below median income families has occurred even in a prolonged period of increasing income inequality, increasing consumption inequality and a decreasing share of national income accruing to labor.”

Malevolence and Misunderstanding

I am glad to report that I have lost few friends in my life.  But as far as I can tell, all of the rare exceptions were driven by misunderstandings.  Someone spoke rashly, which hurt someone’s feelings, which led to retaliation, which led to more hurt feelings, and so on.  Or, someone acted as they thought proper, but someone else perceived otherwise, which led to offense, which led to counter-offense.  The same goes for all the people I know well.  They’ve lost many friends, but years later they flounder to explain the casus belli.