Earlier today Josiah Neeley called my attention to what has to be the greatest economic development poster of all time.
The question, of course, is what will you tell your child? I don't have one currently but probably will some day, so I need to think about this. What I'm going to say is that the tax code advantages a disproportionate investment in owner-occupied housing, which to an extent kept me out of eastern Poland. But more broadly I thought it was prudent to invest in a diverse portfolio of index funds. Consequently, I do have at least a little eastern Poland exposure. At any rate, I believe my family on my mother's side largely hails (like many American Jewish families) from what's currently eastern Poland (but was Russia at the time) and didn't necessarily have a great time of it. Nonetheless, best of luck to eastern Poland.
TODAY IN SLATE
Ford’s Big Gamble
It’s completely transforming America’s best-selling vehicle.
Should the United States Grant Asylum to Victims of Domestic Violence?
The Apple Watch Will Make Everyone Around You Just a Little Worse Off
This Was the First Object Ever Designed
Don’t Expect Adrian Peterson to Go to Prison
In much of America, beating your kids is perfectly legal.
How the Apple Watch Will Annoy Us
A glowing screen attached to someone else’s wrist is shinier than all but the blingiest jewels.
A Little Bit Softer Now, a Little Bit Softer Now …
The sad, gradual decline of the fade-out in popular music.