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Monthly Archives: July 2011
“Measuring Unobservable Risk”
That is a paraphrasing of the title of an article in an issue of CFA magazine I found around my apartment. It caught my attention. Particularly because I’m inclined to think anything that makes that sort of claim is either … Continue reading
Posted in economics, science
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Smartphones and Concerts
Went to The Today Show the ohter day and heard Journey play “Don’t Stop Believin’” no less than three times. Now that’s a band that’s not scared of playing its hits! We were standing somewhat towards that back of the … Continue reading
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What We Want In An Expert
I’m a big fan of Arnold Kling and Nick Schultz and I think there are a lot of interesting things in this article. One thing that is nagging at me, though is this: Perhaps medical services could be delivered by workers … Continue reading
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Brain Science
That’s a non-ironic title (this time). Here’s Robin Hanson: It persuades me that raw brain hardware was more important than I’d thought in our history. Here is my current best guess on brain history.[..] The added ellipsis is my attempt … Continue reading
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The Science of BS (Meta BS?): It’s All BS, Mostly
Opinions are mostly made up on the fly: For example, in two surveys spaced a few months apart, the same subjects were asked about their views on government spending. Amazingly, 55% of the subjects reported different answers. Such low correlations at … Continue reading
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Soros Is Out
CNBC harped for a few minutes this morning about how Soros no longer manages money for other people. A few angles were pointed out: How does a DEMOCRAT bemoan regulation?! Why do we care what Soros does? Wait, 24.5b? I … Continue reading
Posted in economics, leadership
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So What Is Default, Anyway?
Here is Felix: ISDA has made the right decision: the Greek bond default does not and should not count as a “credit event” for the purposes of whether Greek credit default swaps will get triggered. As Felix rightly points out, if … Continue reading
Posted in economics, insurance
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The Present – A Continuing Series
Amy Winehouse died at 11am EDT and by 6pm itunes had a little retrospective up on its site. Here’s my screenshot:Blogging makes newspapers more intelligent and twitter makes them more responsive. Everyone wins.
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The Present
Tyler Cowen links to this paper and quotes from it: Most service production is consumed domestically and virtually all public services are not traded…the most remarkable structural change in the Canadian economy is that Canada was less integrated in world … Continue reading
Posted in economics
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Meet Your Insurance Broker: Google
Insurance is the most expensive keyword money can buy. This is GEICO and Progressive showing us that insurance distribution is extremely valuable. Those local brokers’ salaries are now being paid to Google engineers. Advertising is expensive, though, and you need scale … Continue reading
Posted in economics, insurance
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