Monthly Archives: April 2014

Economics as a List

From Tom Sargent: I remember how happy I felt when I graduated from Berkeley many years ago. But I thought the graduation speeches were long. I will economize on words. Economics is organized common sense. Here is a short list … Continue reading

Posted in Uncategorized | Leave a comment

When We Lose Control

Good news! A computer has solved the longstanding Erdős discrepancy problem! Trouble is, we have no idea what it’s talking about — because the solution, which is as long as all of Wikipedia’s pages combined, is far too voluminous for us puny … Continue reading

Posted in Uncategorized | Leave a comment

Are Markets Rigged?

I haven’t been paying too close attention to the Michael Lewis furor but I hear it’s all quite entertaining. Here’s a somewhat different perspective: Information changes markets.  The reason that I mention bond trading, even though my target is stock trading, … Continue reading

Posted in Uncategorized | Leave a comment