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1. AOL buys Huffington Post for over $300 million. I did not realize that April 1st came in February.
2. A License to Shampoo. The WSJ covers a topic that would be my focus is somebody made me "jobs czar." Or Constitution czar.
3. Russ Roberts and I talk about the PSST paradigm. I have not listened yet, but it's self-recommending.
"Self-recommending"... cute use.
"Constitution czar"--what a priceless idea! But can anyone imagine Obama's appointing a Constitution Czar?
Russ spent a while pointing out that recalculation is constantly occurring, and usually occurs far more smoothly and less painfully than now. Seems to me that clearly sometimes the next step up is a simple hill climb toward the local maximum, and sometimes it is a dip away. Nothing technical there, just an intuition.