January 3, 2009
I love this “found†greyscale shot from moments ago of snow falling on Burrard Bridge in Vancouver. [via Katkam.ca]...
Good piece by my friend Joe Nocera in the NYT on value-at-risk (VAR) in Sunday’s NYT Magazine. He explains the subject well, pads around after Nassim Taleb for a while, visits with RiskMetrics, and generally does a nice, nuanced and...
Interesting contention over at Accrued Interest: The Japanese are fundamentally savers. Americans are fundamentally spenders. Is it always and forever true that Americans are spenders? I’ll concede upfront that the Japanese are savers, and that Americans have for more than...
Assuming people quit after successfully playing a risky game once is silly. As a result, the likelihood of killing yourself when playing Russian Roulette with a six-shooter containing one bullet is not one-in-six. It’s 100%. It is just something I...
What have you changed your mind about? This year’s Edge question is the preceding one, and John Brockman gets answers (many of them interesting and/or unpredictable) from a long list of people, including scientists, economics, psychiatrists, writers, etc. So, what...
I know, I know, economics papers and conference are deathly dully. But I have a weakness for that sort of thing, however, and will on Saturday be at this year's annual American Economic Association conference in San Francisco. You have...
