Trypophobia

Trypophobia

I am always in awe of the vast specificity of the English language, so imagine my delight to find out that there is a word for the fear of bubbles: trypophobia. While the word most commonly refers to the fear of actual bubbles, such as soap, gum, or boba, I will take...
Will That Be Credit?

Will That Be Credit?

US credit card rates should be capped at 10% for one year. Lenders have until January 20th, 2026, to comply. There is not very much more information about this, but the reasoning seems to be that fixing credit card rates at less than half of the current level will...
Overly Restrictive

Overly Restrictive

Parents of young adults might be familiar with this dilemma: there are certain ways you don’t want your kids to get in trouble, so you can either outright ban the behavior with a very high likelihood the young’uns are going to do it anyway but (try to) keep it from...
Creative Destruction

Creative Destruction

About a month ago, the Nobel Prize in Economics was awarded to Joel Mokyr, an economic historian, and Philippe Aghion and Peter Howitt, both economists, for their insights on how sustainable growth happens through creative destruction. Their work is centered on how,...