Elsewhere on Wednesday,– Further watching: the NYT sat down with Bridgewater’s Ray Dalio. It starts out about Bridgewater’s “radical transparency” policy, moves to Dalio’s suggestion that the NYT was less than honest in its reporting on his company’s culture, and then to the role and accuracy of the media more generally.– Guess the recently IPO’d company time: “By Monday, five of the seven analysts who cover the company had a sell rating on it while two said hold.” Spoiler: It’s Snap.– “The first thing to understand about not just the current Uber controversy (controversies), but all Uber controversies is that while it not usually articulated as such, in fact there are multiple questions being debated.”– Time to come clean about health spending.– Of Kenneth Arrow and how “individual rationality as the sole paradigm of economic analysis is dead: it is mathematically proven that postulates of individual rationality will not allow us to say anything of consequence about economic aggregates or game theoretic outcomes in the frequent scenarios where we do not have a unique equilibria with a well-defined way to get there.”– Noahpinion on why Trump’s industrial rebirth is a dead end and Enrico Moretti’s book on the New Georgraphy of Jobs.
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Elsewhere on Wednesday,
– Further watching: