Blog Archives

Gold, Dollars, Stocks…and Bitcoin.

Gold, Dollars, Stocks…and Bitcoin.

I was a professional stockbroker and investment banker before I went into academia, and it is my blog, and so I feel entitled to talk a bit about the insanity in our monetary system…there’s much to say, so much that I’ll be rambling a bit trying to just hit the highlights. I’ve mentioned before that […] … learn more→

Capitalism isn’t broken – but it does need a rewrite

Capitalism isn’t broken – but it does need a rewrite

In the 1990s, economists indulged heady hopes that globalisation would raise all boats via unfettered free market activity. Now, but a generation later, many are having second thoughts. That’s because global free markets, while indeed maximising GDP for all concerned, have also ushered in staggering rates of inequality together with a looming threat of irreversible […] … learn more→

Democrat shows why we need “alternative” facts

Democrat shows why we need “alternative” facts

“The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts.” –Bertrand Russel It really seems like reality is not nearly as objective as it should be. My pointing at empirical evidence regarding global warming, for example, does no good. “You are […] … learn more→

Profitable ways to get rid of your old car

Profitable ways to get rid of your old car

A car can seem like a fantastic investment, but you’ll often find that it depreciates quickly in value after you’ve purchased it. Depreciation can cause headaches for owners who are looking to upgrade. You don’t want to have bought a vehicle a few years ago, only to find out that you can’t get any money […] … learn more→

We should all be political, even if we’re not all partisan

We should all be political, even if we’re not all partisan

Is it possible to be political and nonpartisan simultaneously? It’s a question likely as old as the Republican and Democratic parties themselves. The short answer is yes. According to Merriam Webster, one definition of political is “of, relating to, involving, or involved in politics and especially party politics”. To be political is to be involved […] … learn more→