Author: Mark Michaelsen (Mark Michaelsen)

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Cooling Off

Air conditioning you might be surprised to learn, marks its 100th anniversary this year.  At a Brooklyn printing plant in 1902, Willis H. Carrier designed a system to control humidity, temperature, and air quality and, in the process, changed the world forever. Before the widespread availability of air conditioning, families cooled off on porches, talking...

The Joy of Cents
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The Joy of Cents

Keith Bradley and Alan Gelb: Worker Capitalism: The New Industrial Relations; Tue MIT Press; Cambridge, MA. Leonard M. Greene: Free Enterprise Without Poverty; W.W. Norton; New York. Wynne Godley and Francis Cripps: Macroeconomics; Oxford University Press; New York. As in almost any field, economics is dominated by a very few seminal works. Still there are...