finds "an interesting case of show and tell" in the sloppy
transcription of a Jonathan Alter piece on the demise of reporting. It
made me think of this:
heralds an era in which "[m]illions of Americans who were in awe of the
punditocracy now realize that anyone can do this stuff." No, they
can't. Millions of American can't even pronounce "pundit," or spell it
for that matter. On the Internet and on the other form of "alternative
media," talk radio, a disliked pundit has roughly a 50-50 chance of
being derided as a "pundint," if my eyes and ears are any indication.
The type of person who can't even keep track of the number of times the
letter "N" appears in a two-syllable word is not the type of person who
is going to offer great insight into complex issues. But the democratic
urge expressed by Mr. Reynolds is not new. Someone is always heralding
the rise of "the intellectual declaration of independence of the
American people," as H.L. Mencken once put it. Paul Mulshine WSJ
What I want to do in this note is sketch out a New Keynesian-type analysis of the role of fiscal policy in a liquidity trap. The bottom line is quite striking: aside from some qualifications I’ll discuss at the end, when the economy is in a liquidity trap [and monetary policy is up against the zero bound] government spending should expand up to the point at which full employment is restored. That’s not a guess or a statement of personal preferences, it’s a result.
I understand it, but how he arrives at it is above my pay grade.
The rise was the fall: earlier this week, Natalie Angier wrote a piece on our highly evolved propensity to lie.
Mental illness in Afghanistan: "Wali Sultani has been chained to the wall of his cell for almost a month. He is wearing the same dirty clothes and he is eating the same diet every day—bread, black pepper and water. Sultani, 25, is no criminal. He is mentally ill." Read more
So, why was her voluntary inactive status court ordered? An attorney friend I checked with tells me that, until 1999, Illinois attorneys seeking voluntary inactive status had to get a court order under the old Illinois Supreme Court rule 770 to do so.
More recently, Psych Central, a news consolidator that has the gall to
call itself “Your Mental Health Break,” sent out an eight-page
compilation of holiday-themed links to stories like “Ho-Ho-Ho-Holiday
(Office) Parties: Bah Humbug?,” “Seasonal Stepfamily Stress,” “Managing
Children’s Expectations” and “Transforming Holiday Angst Into
Gratitude.” -- Judith Warner