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▽Grasping Reality with Both Hands (Brad DeLong) ●07/27 00:00 BRIEFLY NOTED: For 2021-05-11 TuThings that went whizzing by that I want to remember...First:Here we see a striking difference between Paul Krugman and Larry Summers. Krugman sees models as intuition pumps—and believes strongly, very strongly, that if you cannot make a simple model of it, it is probably wrong. Summers believes that our models are, at best, filing systems (and at worst tools for
▽Economist.com ●07/10 16:22 Biden gives fiery NATO speechJoe Biden promised more military aid, including new air-defence systems, for Ukraine to help “stop Putin”...Consumer prices in China rose year-on-year by 0.2% in June, down from 0.3% in May...A union representing nearly a quarter of Samsung Electronics’s workforce declared a full-blown, indefinite strike over pay and holiday allowance...The Kremlin is rewriting Wik
