Monthly Archives: April 2011

Take Your Consensus and Shove it

Posted on April 30, 2011 by

Arnold discusses how analysis of aggregate data yields a lot of BS:

Posted in data, economics | Leave a comment

Innovation is Execution… Episode #2918

Posted on April 29, 2011 by

Karl Smith makes an interesting point. a world in which gains are being created in ways that can be captured is not necessarily a world in which the poor benefit from those gains. I like this characterization. I’ve been convinced … Continue reading →

Posted in data, economics | Leave a comment

The Dawn of the Computer Age

Posted on April 28, 2011 by

Via Cringely, I skipped ahead to Gordon Moore’s 20 minute presentation.

Posted in economics | 1 Comment

You Can’t Buy Hunger

Posted on April 27, 2011 by

From Barker we learn that businesses started by the rich are more likely to fail. And the bigger the advantage they have (ie in capital intensive industries), the worse off they are.

Posted in economics, leadership, Pet Theories | Leave a comment

Word of the Day

Posted on April 26, 2011 by

Spexpertise (n): the flawed knowledge and misplaced self-confidence that one achieves having only read blogs and news stories on a topic.

Posted in Words of the Day | 2 Comments

Love Boring?

Posted on April 25, 2011 by

Insurance companies and bond portfolio managers have a lot in common in respect of their financial risk profiles: fixed payments in exchange for an uncertain probability of loss of principal. Insurers call this loss a claim, while cross-default provisions in … Continue reading →

Posted in economics, insurance | Leave a comment

‘Smart’ is Ridiculous

Posted on April 24, 2011 by

Math education sucks. That article is about a teaching method that breaks down math problems into simple steps and results skyrocket. Confidence is built, angels sing and the world is cloaked in glory. The point is that math educators needlessly complicates … Continue reading →

Posted in Pet Theories, science | Leave a comment

I Have a Moral Hazard Fantasy…

Posted on April 23, 2011 by

There appear to be three options for dealing with Ireland, Greece and Portugal. One, loans from Germany. Two, default. Three, break away from the Euro.

Posted in economics | 3 Comments

Adventures in Translation

Posted on April 22, 2011 by

Went to an awesome Japanese restaurant for dinner the other night. I’ve never been to Japan, but it’s what I imagine an authentic Japanese restaurant to be. Beware, I’ve been impressed before!

Posted in Uncategorized | Leave a comment

Traffic Meta

Posted on April 21, 2011 by

I often puzzle about why I do this. It’s pretty time consuming, even with only my meager output to show for it.

Posted in Uncategorized | Leave a comment