pity the nation
Prescient words from Lebanese poet Khalil Gibran in 1934… Pity the nation that wears...
republican economics
Economist John Kenneth Galbraith once noted that the financial memory is limited to 20...
bucket shops
Over-the-counter gambling on the markets has been around much longer than modern derivatives pundits...
next shoe to drop
With all eyes on traditional residential mortgages, analysts are now looking for clues in...
the physics of failure
Faith in the underlying mechanics of portfolio theory and market efficiency has certainly contributed...
a great depression
Much like the Great War that preceded it, The Great Depression was never destined to be one-of-a-kind
oh canada
Currently the envy of Hank Paulson and virtually every Finance Minister around the globe,...
harvard and the economy
As institutions around the world tighten their belts in response to the coming economic...
the 44th president
While the world comes to terms with yesterday’s historic call for change, Nouriel Roubini...
how to close a hedge fund
Few people will escape from this crisis with enough reputability to scream “I told...
bailout
As finance ministers from around the world congregate in Washington D.C. this weekend, various...
sanity check
Words of cautious wisdom from the celebrated biographer of risk, back in November of...
the view from 1929
“Spectacular episodes in financial history” come about more often than we might expect, and...
the great black north
As Canadians flock to the polls later this month, quietly supplying 22% of America’s...
an extraordinary episode
Keynesian reflections from 1919 on the first era of true globalization, complete with bountiful...
the elusive bottom
Even market cheerleaders are struggling to find good news to rally around these days....
four one nine
See below for yet another in a series of elaborate digital frauds. Somewhat surprising...
treadmill economics
It’s no surprise that financial crises – like intercourse, pro sports, and agriculture –...
the world is fat
Further commentary on the interconnected themes of income disparity, agricultural inflation, and selective de-globalization,...