Monday. Time to get cracking.
The new, new thing is getting a little old. Cace Metz writes about the long wait for the next tech breakthrough.
A Globe editorial takes aim at the Boston Police gang database, suggesting that it needs to be reformed. The implication is that it isn’t effective. Crime stats make the opposite case. In most US cities crime is rising, especially homicide—and many homicides are gang related. Boston is an outlier. Murders are down to historic lows here. Why? Fair and effective policing might have something to do with it. Tracking gang membership needs to be done carefully and consistently to avoid abuse and I think the BPD are already committed to doing that. Outside scrutiny is important. But it’s also important for the Globe to give credit where credit is due.
This week the Fed might get more hawkish on inflation and raise interest rates. Also, John Cassidy reminds us about the doomish, bubble-bursting projections of Jeremy Grantham. Anything can happen and probably will. Stay tuned.
Should you buy crypto now that prices are down? Maybe. But I wouldn’t bet the retirement account unless you have a strong stomach for uncertainty and wild swings.
And when Roger Ebert wrote a bad review it was a work of art. My favorite line from his 1995 takedown of the kid-facing Power Rangers film: “The movie is like a little unkindness done to its victims.” Ouch.