A short interview with Michael Lewis about the book he just edited, Panic: The Story of Modern Financial Insanity. In compiling the stories, Lewis was surprised at how little good writing he could find about upcoming financial hard times.
How little there was worth reprinting. I had six interns digging up all kinds of stuff, and I looked at 20 times the amount of material that appeared in the book. I assumed there would be lots of stories predicting each panic before the panics actually struck. But there was very little. Afterwards you'd have a flurry of literary activity, and then everybody was on to the next thing. Still, there was a common thread: You were watching America's growing financial insanity.
People are going whole-hog bananas today over a new study in the Annals of Internal Medicine, in which gay men arriving at hospitals and clinics in San Francisco and Boston were showing high incidences of truly nasty drug-resistant staph infections. Let's panic! After all, Matt Drudge is teasing the story with an invented quote: "STRAIN OF SUPERBUG 'MAY BE NEW HIV'..." But that language doesn't actually appear anywhere, much less in the Reuters summary to which he links; it does not even appear in this story that uses that phrase as a headline. Mmm, fake horror! The study began sampling patients four years ago. If this was the new super-plague, we'd all be neck-deep in boils already.
Coda Apr 24 2007
Panic has released Coda, a new web development app for OS X. Panic co-founder Cabel Sasser describes it thusly:
We build websites by hand, with code, and we've long since dreamed of streamlining the experience, bringing together all of the tools that we needed into a single, elegant window. While you can certainly pair up your favorite text editor with Transmit today, and then maybe have Safari open for previews, and maybe use Terminal for running queries directly or a CSS editor for editing your style sheets, we dreamed of a place where all of that can happen in one place.
Ever since I switched to a Mac, I've been seeking a suitable replacement/upgrade for Homesite. I limped along unsatisfied with BBEdit and am finally getting into the groove with TextMate, but the inter-app switching -- especially between the editor, FTP client, and the terminal -- was really getting me down. John Gruber has a nice preview/review of Coda:
Each of Coda's components offers decidedly fewer features than the leading standalone apps dedicated to those tasks. (With the possible exception of the terminal - I mean, come on, it's a terminal.) This isn't a dirty secret, or the unfortunate downside of Coda only being a 1.0. Surely Coda will sprout many new features in the future, but it's never going to pursue any of these individual apps in terms of feature parity.
The appeal of Coda cannot be expressed solely by any comparison of features. The point is not what it does, but it how it feels to use it. The essential aspects of Coda aren't features in its components, but rather the connections between components.
Panic's implicit argument with Coda is that there are limits to the experience of using a collection of separate apps; that they can offer a better experience - at least in certain regards - by writing a meta app comprising separate components than they could even by writing their own entire suite of standalone web apps. Ignore, for the moment, the time and resource limitations of a small company such as Panic, and imagine a Panic text editor app, a Panic CSS editor app, a Panic web browser, a Panic file transfer/file browser app - add them all together and you'd wind up with more features, but you'd miss the entire point.
Panic co-founders Steven Frank and Cabel Sasser both weigh in on the launch. Has anyone given Coda a shot yet? How do you find it? I'm hoping to find some time later today to check it out and will attempt to report back.