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Recent Posts
- Brazen Bullshit
- Capital Sin: Part 1
- Cloudy, with a Chance of Default
- Our Children Know
- The eleventh hour of the eleventh day of the eleventh month.
- Is the Financial Sector Worth What We Pay It?
- Downton Abbey Economics
- Napoleon III, Butter and West Marin
- Polluted, Political, Pregnant or Profitable
- Republicans are Planning to Cook Your Grandchildren
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Category Archives: Uncategorized
Brazen Bullshit
The actual reasons behind the MAGA ‘replacement theory’ The ‘replacement theory’ that motivated the lethal 2017 Charleston ‘Unite the Right’ march is largely factual. Its causes have nothing to do with those that espoused by the MAGA party. It has … Continue reading
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Capital Sin: Part 1
Greed and Its Economic Effects: An Analog Simulation Can we determine the economic impact of greed? The lasting contribution of Piketty’s masterful book, Capital in the 21st Century, may well be his work and that of his colleagues in the … Continue reading
Posted in Finance/Government, Uncategorized
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Cloudy, with a Chance of Default
Timely forecasts can be essential to safety Global finance has more in common with weather prediction than many economists might admit. If they studied the history of weather forecasting, they might be a little humbler in their statements about business … Continue reading
Posted in Finance/Government, Uncategorized
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Our Children Know
2011 Advertisement for the Bushmaster ACR taken from the web. (Click for larger image) The ad heading, “Forces of Opposition, Bow Down” is designed to evoke strong emotions and convey the power to control. Considering the unspeakable events in Connecticut, it … Continue reading
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The eleventh hour of the eleventh day of the eleventh month.
I was born in England after WWII, and I still remember the paper red poppies, sold as the remembrance of Armistice Day, celebrated by Veterans Day in the U.S. I wrote this piece several years ago, and somehow, on … Continue reading
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Is the Financial Sector Worth What We Pay It?
Plenty more where that came from! (This article is cross posted from my article for OECD Insights where they provide discussion of a wide range of subjects that influence world development) A basic capitalist tenet is that the market represents the … Continue reading
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Republicans are Planning to Cook Your Grandchildren
“How much can the economy really heat up?” NASA Virtual Solar Observatory Image Yet another part of the long-term Republican plan has emerged with North Carolina banning excessive sea level rise . Wondered about the proliferation of super yachts? Obviously the … Continue reading
Posted in Energy, Environment, Finance/Government, Science, Uncategorized
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Hedging the Apocalypse
When some latter-day Aristophanes distills the tragicomic story from the mash of the current Greek econodrama, I’ll wager that it will have much in common with the original story of the Acharnians. The London Review of Books synopsized the story … Continue reading
Posted in Finance/Government, Uncategorized
Tagged complex systems, crash, economics, finance, financial sector, hedging, regulation, simulation, Wall Street
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The Tea Party Gets it Right (Well…sort of….)
Photo credit: Reuters/Brian Snyder Much is correct in the Tea Party’s position, but it lacks historical perspective. To clarify, consider the name of Wilkes-Barre, the Pennsylvania town, founded 1769. The name comes not from its founders but … Continue reading
Posted in Finance/Government, Uncategorized
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Our half of the deal
The current budget debate is stunning: we, as a nation, are negotiating only one side of the transaction. Everything is to be ‘balanced’ on the backs of individual citizens, while the plutocracy, Wall Street and private equity sit across the … Continue reading
Posted in Finance/Government, Science, Uncategorized
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