Interesting Notes and Analysis from Reading The New York Times

"The study, published in Current Psychology, found a substantial link between procrastination and clutter problems in all the age groups. Frustration with clutter tended to increase with age. Among older adults, clutter problems were also associated with life dissatisfaction."
“Cable networks have figured out that the most interesting television of the week is the National Football League pregame show, and that if you put enough experts on arguing about something that hasn’t happened yet, people will watch."

"The real story of Trump isn’t his amorality and outrageousness. It’s Americans’ receptiveness to that. It’s the fact that, according to polls, most voters in November 2016 deemed him dishonest and indecent, yet plenty of them cast their ballots for him anyway."

"There is an amazing calculus in old age. As much is taken away, we find more to love and appreciate. We experience bliss on a regular basis. As one friend said: “When I was young I needed sexual ecstasy or a hike to the top of a mountain to experience bliss. Now I can feel it when I look at a caterpillar on my garden path.”

“Cash was the only major asset class that posted positive returns in ’18,” according to a Bank of America report. Even the reed-thin 1.9 percent return on cash in money market funds was less than the 2.2 percent consumer inflation rate, the report said, but at least it was a positive number.

"For patients who have one terminal illness that is either resistant to treatment or can’t be safely treated, combined with a second very serious illness or complication, along with a high degree of physiological frailty, physicians should consider comfort measures instead of cure."

Why Walking is the Key to Being More Productive

by Clay Skipper

"Ultimately, his point is not that walking is a nice, mind-clearing activity (though it certainly can be). It’s that removing all friction from your life, and replacing it with the seductive speed of convenience, has pernicious effects.

For one thing, when we rush or move quickly, we stop being present and forget what we experience. (“High speed is a menace to memory, because memory depends on time and spatial awareness,” he writes.) Secondly, there’s a political aspect to walking: When we don’t walk among our fellow citizens—when we have the privilege of only traveling privately—we can become coldly detached from the fabric of the community. (“What would happen if world leaders were forced to take daily walks among the people?” Erling Kagge asks.) And, finally, taking a shortcut to what you want often leaves you disappointed because objects of our desire are less meaningful without the struggle to capture them. (How much less interesting might summiting Everest be if you could just take an elevator to the top?)"

Will Trump Be the Sage One? by Maureen Dowd

"But Trump, unlike W., is driven by the drama of it. “It’s a game of revving up the excitement and making people afraid and then backing off on the fear in order to declare that he’s resolved the situation,” D’Antonio said. “Trump prefers threats and ultimatums to action because that allows him to look big and tough and get attention without doing something for which he will be held responsible. This is who he is at his core: an attention-seeking, action-averse propagandist who is terrified of accountability in the form of coffins arriving at Dover Air Force Base.”

Latest Books I Have Read

Smartest Things I Read Today

Think tanks in DC call themselves non-partisan. But of course, that’s not true, because they’ve already made up their minds. They’re not thinking at all. Merely arguing.

Seth Godin

If the Catholic Church wasn't a religious institution, would we be handling the situation differently?

"They would have been arrested under the RICO federal laws already and they would have been considered organized crime," 

Pennsylvania State Rep. Mark Rozzi, a Democrat, told Salon. Rozzi is more than just a proponent of passing new legislation to help victims of childhood sex abuse, whether from employees of the Catholic Church or other organizations; he is also a victim himself, one who was raped by a priest in a rectory shower in Pennsylvania when he was 13 years old.

Economically, the country has changed surprisingly little since 2008. The big banks have returned to risky practices, and Republicans are trying to undo the Dodd-Frank reform law, which was enacted to prevent another collapse. The distribution of income and wealth in America is as lopsided as ever. Despite almost ten years of economic growth, real wages are stuck at their pre-crisis level, while corporate profits are soaring and stock prices have reached record highs. All the misshapen economic trends of the previous decade are still with us.

The lasting effect of the crisis is in our politics. The Presidency of Donald Trump is an overdetermined fluke, an accident with a thousand causes. Among them is the catastrophic event that gutted millions of lives and ended in no fair resolution, only cynicism. The economic indicators are strong right now, but before long there will be another financial crisis. They come every seven or ten years, each bearing the features of its time. If the previous one was the result of overconfidence in free markets, the next might be triggered—as in Turkey today—by the behavior of an authoritarian leader. When it comes, we’ll be less prepared to address it than we were in 2008. This President has made an enemy of facts, Congress no longer passes rational laws, and American democracy is ten years unhealthier.

George Packer

Wisest Thing I Read Today

Most Interesting Perspective of the Week

Since then, analyses from investment banks and researchers have estimated that 40 to 60 percent of the savings from the tax cut are being plowed into buybacks. One analysis of companies on the Russell 1000 Index—which consists of big firms, much like the Standard & Poor’s 500 does—found that companies directed 10 times as much money to buybacks as to workers. As such, Milani and Tung said they expect the math on corporate spending on shareholders versus workers to become even more exaggerated in the coming years.

In the meantime, corporate boards are poised to spend hundreds of billions more on their own shares, benefiting executives along with the mostly wealthy Americans who own stock. Just this week, Caterpillar, for instance, said it plans to spend $1 billion buying back shares in the latter half of this year, before kicking off a new $10 billion round on buybacks starting in January. It is also in the midst of laying off hundreds of workers.

ANNIE LOWREY is a contributing editor at The Atlantic, covering economic policy.

Wisest Thing I Read Today

I am aware that many people might be upset by my equating religion with fake news, but that’s exactly the point. When a thousand people believe some made-up story for one month, that’s fake news. When a billion people believe it for a thousand years, that’s a religion, and we are admonished not to call it fake news in order not to hurt the feelings of the faithful (or incur their wrath). 

Humans prefer power to truth. We spend far more time trying to control the world than trying to understand it. 

Yuval Harari 

Trump Troll

That leaves Trump free to grab his phone at all hours to shove and to smear and to spew falsehoods. As Michiko Kakutani writes in her new book, “The Death of Truth”: “Trump, of course, is a troll — both by temperament and by habit. His tweets and offhand taunts are the very essence of trolling — the lies, the scorn, the invective, the trash talk, and the rabid non sequiturs of an angry, aggrieved, isolated, and deeply self-absorbed adolescent who lives in a self-constructed bubble and gets the attention he craves from bashing his enemies and trailing clouds of outrage and dismay in his path.”

Maureen Dowd