I showed the group a Guardian article calling [Uruguay’s President] Mujica “the world’s most radical president.” They burst into contemptuous groans. Last January, Bill de Blasio took over as mayor of New York City. The election was a landslide; the hopes invested in him near messianic. “When New York City Democrats head to the polls […]
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What Would a More Efficient Clinical Trial System Look Like?
What might a more-efficient trial system look like? One collaboration in Chicago offers a possible way forward. Working together, several of the city’s academic medical centers have established a joint network for conducting clinical trials. Participating institutions now routinely interview all of their hospitalized patients, regardless of diagnosis, to keep detailed records on their health […]
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The Invisible Hand: Who Was Adam Smith?
In a recent essay for Adbusters, Douglas Haddow posited that algorithms are the new “invisible hand” guiding our capitalist system. But before Haddow got to that conclusion, he explored the original idea of the invisible hand, and the man behind the phrase: If we want to interrogate the true nature of these numbers, the wizard […]
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Using the British Railway Mania of the 1840s to Explain the Beanie Baby Craze
Andrew Odlyzko, a mathematician and bubble expert, proposes a simpler theory explaining speculative panics in his study on the British Railway Mania of the 1840s. Odlyzko credits Railway Mania in part to a “collective hallucination,” an extreme form of groupthink wherein a significant chunk of society feverishly buys into a shared dream with no regard for the skeptics and […]
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How a $1B E-Commerce Site Found Its Market on a Trip to Babies “R” Us
They had a small inkling of what they wanted to do. At the time, flash-sale startups like Gilt were just beginning to make some noise, and Cavens and Vadon seriously considered aping the model for the home and beauty space (a la One Kings Lane) before scrapping the idea. “What we came to realize in […]
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Jenny Holzer on the Difficulties of Being a Successful Female Artist
I would describe [my career] as a slow incline with various dips rather than a steep trajectory, but I was relatively young when I did a show at DIA, then the Guggenheim, and represented the United States at the Venice Biennale. During that time, I also had a baby. Those three shows all took place within a few years, […]
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Robert Towne on Finding the Inspiration for ‘Chinatown’ at the Library
It wasn’t the compendium of facts in the chapter “Water! Water! Water!” or indeed in the entire book. It was that Carey McWilliams wrote about Southern California with sensibilities my eye, ear, and nose recognized. Along with Chandler he made me feel that he’d not only walked down the same streets and into the same arroyo-he smelled the eucalyptus, heard the humming of high tension wires, saw the same bleeding Madras landscapes-and so a sense of deja vu was underlined by a sense of jamais vu: No writers had ever spoken as strongly to me about my home.
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Gabriel García Márquez on the Solitude of Writers and Dictators
What Márquez told Peter H. Stone in a 1981 interview with The Paris Review.
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How Patty Hearst Went From Kidnapping Victim to Armed Guerrilla
On February 4, 1974, Patty Hearst was kidnapped from her Berkeley, CA apartment by members of an urban guerrilla group called the Symbionese Liberation Army. Two months after she was abducted Hearst— the granddaughter of the real life “Citizen Kane,” publishing magnate William Randolph Hearst—had joined the SLA, adopted the the name “Tania” as her […]
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A Three-Part Series on the Plight of the Black Middle Class in America
In January The Washington Post published a powerful three-part series looking at the plight of the black middle class in America. The series focuses on Maryland’s Prince George’s County—the most affluent majority-black county in America, as well as one of the counties hit hardest by the foreclosure crisis. At the heart of the series is a singular, vexing question: “Why don’t […]