Years ago (think late 1960s and early 1970s), I collected stamps. I learned much about a variety of subjects looking at them and learning about the events, people, and places they displayed. One that struck me was this: Being young and ignorant, I was puzzled: there was a Golden Gate without a bridge? Well, yes, of course there was: (By Ansel Adams, from Flikr) "The Golden Gate is One of … [Read more...]
Intellectual boxing matches
Source: Flikr Creative Commons I moderated a discussion list on macroeconomic history back in the late 1990s. I volunteered because I thought it would be fun and I’d learn something. And I did, until a few members started flaming each other, encouraging more participants to join in, and ruined the entire enterprise for me. It seemed to me then, and now, that participants enjoyed engaging in a … [Read more...]
Railroad lessons for the new Panama Canal
The New Panama Canal: A Risky Bet takes a detailed look at how construction and technological problems plague the project. This passage caught my eye: In simple terms, to be successful, the new canal needs enough water, durable concrete and locks big enough to safely accommodate the larger ships. On all three counts, it has failed to meet expectations, according to dozens of … [Read more...]
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