Wrong Diaries

What We Get Wrong About Inflation

Tim Harford | 6th October 2022

In 1963 Milton Friedman defined inflation as “a steady and sustained rise in prices”, which was "always and everywhere a monetary phenomenon”. But Friedman's rule hardly describes current conditions: Prices are rising because Russia has cut off Europe's gas. Is this still "inflation"? Governments are confused. "The recently signed Inflation Reduction Act is no such thing" (865 words)


Diaries

Alan Rickman | Guardian | 25th September 2022

Extracts from the actor's diaries covering the filming of Sense And Sensibility, Michael Collins, and Dogma. (The Harry Potter films are elsewhere.) "The trouble with this job is that you can watch yourself & your friends growing older in full colour, close up". The entries are brief but the cumulative effect is pleasing. "To Searcy’s for Brian Cox’s birthday party. All human acting was there" (4,500 words)


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Browser Bites
Browser Bites explores a new idea each day, in under a minute. Join Uri Bram (Publisher of The Browser), Sebastian Park (@SebPark), and guests as they blitz through an idea in less time than it takes to brush your teeth.

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