Tornado VS Truck
You can guess how this ends
Apocalypse…Not Quite Yet
Slate has an interesting take on what happens to those who predict an apocalypse that doesnt come. This is an interesting piece but somewhat light on with regard to actually why we believe stupid things – for reasons other than being stupid. A more in depth look at our frailties is contained in my blog…
DetailsBank Stocks Set For Further Volatility
So there I was firing up the toaster for the evenings nosh fest of beans on toast when I saw the above headline track across the bottom of the idiot box. My first thought was bullshit – if its on the idiot box and it has the expression analysts predict in front of it it…
DetailsTornado Damage From The Air
Stunning shots of what is left of the mid west town of Joplin
The End of Easy Oil
Interesting feature piece from the WSJ on the end of so called easy oil – that is oil of usable quality that simply gushed out of the ground. No one suggests that the Gulf nations are running out of oil. Heavy oil, although difficult to pump, is abundant. The Middle East alone is believed to…
DetailsHow to Make Money in Microseconds
Donald MacKenzie explores the world of high frequency trading in the London Review of Books What goes on in stock markets appears quite different when viewed on different timescales. Look at a whole day’s trading, and market participants can usually tell you a plausible story about how the arrival of news has changed traders’ perceptions…
DetailsWhy We Dont Take Care of Ourselves
Some interesting thoughts on why we don’t take care of ourselves as we get older. Abstract Many adults have an overly pessimistic view of old age because they fail to correctly predict their ability to hedonically adapt to old-age health related problems. A standard utility model where the marginal utility of health is higher at…
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