This past weekend was a painful reminder that blood still runs think in humanity’s borderlands.
Category Archives: history & society
Economic Possibilities for our Grandchildren
One could easily mistake this for a modern essay on the virtues of a balanced life and the perils of unbridled greed.
Divided We Fall: The Dangerous State of Partisan Politics
The dogmas of the quiet past are inadequate to the stormy present.
the great recession: act iii
The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.
in like a lion, out like a lamb?
Students of behavioral finance had a field day this past week.
behavioral bias
Evidence continues to mount that established models of rational decision-making are dangerously out of date.
oil slick = euro trick
Stopping the spread of financial contagion is deceptively similar to plugging a ruptured deep-sea oil well.
a dose of reality
Armies of bulls and bears are camped out on either side of the great debate over the future of the global economy.
failure by design
Modern politicians, businesspeople and academics are once again questioning both the failures of free markets and the failures of government.
complexity and collapse
America is just as vulnerable to collapse as the many great civilizations that preceded it — maybe even more so given the increasing complexity of our modern global economy.
one island, two worlds
It isn’t surprising that so-called “ambulance economics” has gained mass policy appeal as the global economy descends into madness, despite a legacy of failure.
volcker rules
Paul Volcker’s influence is finally starting to resonate where it counts: at both ends of Pennsylvania Avenue.
christianity and the crash
Over the past generation, a different strain of Christian faith has proliferated—one that promises to make believers rich in the here and now.
war games
Scores of advanced military technologies – from radio to the Internet to GPS –...
volcker vs. greenspan
Two of the Fed’s greatest leaders and keenest minds have crafted American monetary policy for most of the last three decades, and yet they couldn’t be more different. This is their story.
why capitalism fails
Humanity is rarely more receptive to change than during the depths of a crisis....
after the crisis
Exploring the recent economic “upheaval” through the lens of history helps in at least...
reflections on a year of crisis
A comprehensive if somewhat subjective view of the two years since the credit crisis...
the man who crashed the world
Another entertaining piece of journalism by Michael Lewis, this time reporting from the nucleus...
ten market rules to remember
“Bob Farrell was a legend at Merrill Lynch & Co. for several decades. Farrell...