Although I differ with John Rawls on details, I like John Rawls’s perspective very much. And this is a very cute kitten. So I love this econlolcats post by Ishita!
When uncertainty and randomness form the basis of your philosophy…
This econlolcats post is a harbinger of a Quartz column with the working title “How Low Can Interest Rates Go?” It is coauthored with my brother Christian Kimball, who as a top-flight tax lawyer is well equipped to help take down John Cochrane’s claim that tax arbitrage is enough by itself to create a lower bound on interest rates.