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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Stock Buybacks, Demystified
Around this time last year, the New York Times Guild (the union that represents NYT newsroom employees, among others) was in the middle of a particularly contentious contract battle with NYT management that had dragged on for multiple years...
Intellectual Laziness
Power Failure: The Rise and Fall of An American Icon by William D. Cohan (2022)
The Great Depositor Bailout
On Sunday, the U.S. government announced a plan to shut down two troubled banks, Silicon Valley Bank and Signature Bank, and guarantee all of their uninsured deposits, recently totaling $220 billion. Reports the Washington Post:
Unconventional Strategies
If you had to pick only one adjective to describe Southwest Airlines, you might go with “unconventional”. Southwest rose from nothing to become the most successful airline in the country, and at every step of the way, they took an unconvent...
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