Forecasting’s Problem is Philosophy, Not Track Record
The Philosophical Failings of Forecasting No one can foretell the future. But investors who think that they can tend to make predictable...
The Artists’s Job? Speaking Truth to Power.
The job of an artist is to speak truth to power. Where have all the artist gone? They’re hiding. Afraid of losing their living,...
Seinfeld’s 10 Rules For Success
H’s an American comedian, actor, director, writer, and producer, best known for portraying a semifictional version of himself in...
Are Markets Efficient?
Do market prices generally reflect all available information? Or are they prone to bubbles? On this episode of The Big Question, two...
The Counterfactual on QE
Why We’re Still Arguing Whether QE Worked It’s hard to know what works in economics. But policy experiments in the states...
The Unofficial Pundit to English Translation Guide
Here’s What Financial Pundits Mean When They Say… There’s a lot of time to fill. Hot air often does the job. Bloomberg,...
We Are Living in a “Post-Factual Democracy”
Give it up for Wordspy‘s impeccable timing: A democracy in which ignorance and irrationality hold sway over facts and...
Americans Give A Billion Dollars a Day to Charities
This is really a fascinating datapoint, via the Consumerist: “According to a report released today by the Giving USA Foundation,...