The Secret History of Wonder Woman, by Jill Lepore

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Blogging for a Good Book

wonder womanShe’s one of the most memorable and enduring superheroes: an Amazon from Paradise Island sent to America to promote liberty and freedom while fighting suffering and injustice. She’s Wonder Woman (aka Diana Prince) and since her debut in 1941, her adventures have been chronicled in comic books, a daily newspaper strip, and a popular television series starring Lynda Carter. Wonder Woman’s adventures may be legendary, but the story behind her development is as incredible as any superhero story.

Wonder Woman was created by a man named William Moulton Marston, a polymath, psychologist, and huckster heavily influenced by suffragists and early feminists. The story of William Marston and Wonder Woman is a fascinating tale involving feminism, psychology, the advent of comic book superheroes, unconventional relationships, and family secrets. Historian Jill Lepore explores the complicated life of William Marston and the development of Wonder Woman in her entertaining and…

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Insider Trading and the Art Bubble

inilah trading dari james kwak

The Baseline Scenario

By James Kwak

I recently wrote two more articles for the Bull Market collection at Medium. The first was my explanation of the Second Circuit’s decision in United States v. Newman and Chiasson, which said that insider trading is only a crime if the original tipper gained a personal benefit from leaking confidential information, and if the eventual trader knew of that personal benefit. If you don’t like this outcome, the original problem is a poorly written Supreme Court opinion (isn’t that redundant?) from the 1980s, Dirks v. SEC.

The second article was a response to a column by James Stewart and a post by Felix Salmon about soaring prices in the art market—which, almost by definition, constitute a bubble.

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My Letter to Santa Claus

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Imperator Fish


    Dear Santa,

    It’s not easy for me to write this letter.

    I have been an admirer of yours for many years.  I have been impressed with the way you have embraced reform within your own organisation, and not shied away from making brave decisions.

    I have supported you during the tough times, and when things have been good. I was right behind you when the elves launched legal proceedings after you made them all redundant and hired them back as independent contractors at half their hourly rates. What did they expect? That they could continue to do nothing for most of the time, working barely two months in a year while collecting a generous salary? And when you finally broke into the lucrative Chinese market I celebrated your success.

    But being a friend sometimes means having to be a critic. I want you to succeed, but I also want you…

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