Friday , November 22 2019
Home / S. Sumner: Money Illusion / Danger: Snowflakes falling on stairs

Danger: Snowflakes falling on stairs

Summary:
The New York Times has a piece on Long Island City’s acclaimed new library: In his 2010 renderings for the children’s wing, Steven Holl, the project’s lead architect, had sketched images of children reading on bleacher-like seats that spanned from the lower level of the wing to the upper one, adjoined by an interior staircase. But library officials, in a walk-through before the building opened, instead saw a potential liability for small children who could jump and fall on them. They have closed off the stairs and the top five bleachers until fixes can be made, said Elisabeth de Bourbon, a spokeswoman for the Queens Library. Wood panels now block the staircase entrances and protective glass barriers have been added to the tallest bleachers. The bottom three bleachers remain

Topics:
Scott Sumner considers the following as important:

This could be interesting, too:

Scott Sumner writes Ramin Toloui on QE

Scott Sumner writes Could’ve fooled me

Scott Sumner writes Bartleby the central banker

Menzie Chinn writes Making America Great Again (in Indebtedness): Net International Investment Position

The New York Times has a piece on Long Island City’s acclaimed new library:

In his 2010 renderings for the children’s wing, Steven Holl, the project’s lead architect, had sketched images of children reading on bleacher-like seats that spanned from the lower level of the wing to the upper one, adjoined by an interior staircase.

But library officials, in a walk-through before the building opened, instead saw a potential liability for small children who could jump and fall on them. They have closed off the stairs and the top five bleachers until fixes can be made, said Elisabeth de Bourbon, a spokeswoman for the Queens Library.

Wood panels now block the staircase entrances and protective glass barriers have been added to the tallest bleachers. The bottom three bleachers remain open, however, and a security guard who usually stands there keeps an eye on them.

..

“What the lawyers believe is safe or not is a constantly evolving thing in this society,” he said. “Five years ago, they wouldn’t have even thought to block off that area, or even two years ago.”

When you get to be my age the world will seem increasingly crazy.

Danger: Snowflakes falling on stairs


Tags:

 
 
 
Scott Sumner
Scott B. Sumner is Research Fellow at the Independent Institute, the Director of the Program on Monetary Policy at the Mercatus Center at George Mason University and an economist who teaches at Bentley University in Waltham, Massachusetts. His economics blog, The Money Illusion, popularized the idea of nominal GDP targeting, which says that the Fed should target nominal GDP—i.e., real GDP growth plus the rate of inflation—to better "induce the correct level of business investment".

Leave a Reply

Your email address will not be published. Required fields are marked *