On October 7th 2016 the GBP suffered a minor aneurysm and dropped like a stone for a short period of time as seen below. The Bank of International Settlements had just released a report into possible reasons for the crash. You can download the full report here. The executive summary outlines a constellation of reasons…
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There’s an academic I know — very well respected — who especially values one of his collaborators. This particular colleague isn’t invaluable because of his creativity or intellect, says my professor friend, but because “he is willing to tell me when I’m wrong, and that’s rare”. It is indeed rare. Perhaps even rarer is the…
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