Mike Hudack is a tumblelog.

The biggest downside of my current job is that I have to wear a suit to work. Wearing uncomfortable clothes on purpose is an example of what former Princeton hockey player and Nobel Prize winner Michael Spence taught economists to call ‘signalling.’ You have to do it to show that you take your official responsibilities seriously. My proposal that Fed governors should signal their commitment to public service by wearing Hawaiian shirts and Bermuda shorts has so far gone unheeded.

Ben Bernake, from the New Yorker article, which is pretty great so far.  I have a whole bunch of new questions about the bailout that I’m hoping this will answer. (via barthel)