Elsewhere on Wednesday,
- The great rationality paradox of economists.
- US housing: ‘In a way this is like 2005 all over again’
- There’s book-talking, and there’s patent-talking.
- Computer says no, quant model edition.
- “Value investing in consumer or enterprise tech very very rarely works.”
- Relative preferences and risk premia.
- Diamonds, hyperinflation panic, and Glenn Beck.
- More Target2 wonkiness.
- Further, further reading.