Monthly Archives: July 2005

How not to cover Murdoch

The New York Times can’t compete with the Wall Street Journal on general business and finance stories. But it does have aspirations to own one particular beat: media, that most New York of American businesses. So when Lachlan Murdoch resigned … Continue reading

Posted in Culture | 3 Comments

Stock and flow

I’ve already made it very clear what I think about credit cards: this post is an attempt to flesh out one theory of how and why they work the way they do – to the benefit of banks and the … Continue reading

Posted in Finance | 7 Comments


I’ve just got back from London, after an absence of about a year in which time I bought a New York City apartment. I don’t know if that’s why, but this time was my first visit ever where I didn’t … Continue reading

Posted in Culture | 13 Comments