on J. Bradford DeLong about

J. Bradford DeLong
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**Must-Read: Alisdair McKay and Ricardo Reis**: [Optimal Automatic Stabilizers](http://www.nber.org/papers/w22359): >Should the generosity of unemployment benefits and the progressivity of income taxes depend on the presence of business cycles?... >We derive an augmented Baily-Chetty formula showing that the optimal generosity and...

Profit and loss

on Seth Godin about

Seth Godin
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One of the easiest ways to build a positive personal P&L is to re-establish your monthly expenses at a dramatically lower level. If you cut your burn rate to the bone, you suddenly will find the freedom to say 'no'...