Is Economics A Science?
I found this podcast courtesy of a philosophy of science piece.
Oh How We Laughed
Here at peanut central we get our fair share of emails from peanuts, as an example of which I offer the email below – Sorry to bother you again but this is so important you have know idea I have been so focussed on 2011 and a half I lost sight of the big picture…
DetailsThis Is Fu#$ed Up
Here is a young man who is clearly better than his peers being penalised for being better. Like Jimerson, Hill attended Wilson Intermediate School and dominated the football field so thoroughly, the league invoked what came to be known as the Madre Hill Rule. Once Hill scored three touchdowns, if his team had a 14-point…
DetailsI Love A Good Disaster Film
More predictions of doom and gloom in Greece. The interesting thing about Greece is that that this is not the first time Greece has caused problems. On a more pragmatic note this to me is a simple trading question – a loss exists and various governments and banks are prevaricating about taking this loss. Many…
DetailsReally………WTF Is The Issue?
I have been reading some of the commentary about this particular interview with so called trader Alessio Rastani. Much has been said about the veracity of this interview whether it was legitimate or a well crafted hoax. Irrespective of any of this the commentary around it has been somewhat hysterical and completely misses the point. The…
DetailsRogue Hormones
IF THE losses at UBS that surfaced this month were caused by a “rogue” trader, would that make his colleagues stable? Not if research being undertaken by John Coates, a neuroscientist at Cambridge University and a former derivatives trader, is anything to go by. His work suggests that hormones drive investment decisions to a far…
DetailsPsychopaths
What makes individual stockbrokers blow billions in financial markets with criminal trading schemes? According to a new study conducted at a Swiss university, it may be because share traders behave more recklessly and are more manipulative than psychopaths. Der Spiegel
DetailsThe Death Of Equities
From the WSJ – …across the financial markets, a sea change is taking place. Investors are abandoning the time-tested “stocks for the long run” optimism that dominated since the late 1980s. Instead, there is a widening belief that the mess left behind by the housing bubble and financial crisis will be a morass to contend…
Details
