How We Know That Avinash Persaud Is Blowing Smoke About The Financial Transactions Tax
It's possible to the actual work on a financial transactions tax and prove that it's pensioners that pay it, it shrinks the economy, doesn't...
Nick Shaxson Entirely Misses The Point Of Comparative Advantage
Sure, we can forgive people for not grasping the point or detail of comparative advantage. It is, after all, the only non-trivial and non-obvious...
WeWork As A Proof Of The Efficient Markets Hypothesis
The little jokule about the efficient markets hypothesis is that Eugene Fama got the Nobel for proving it, Lars Hansen for doing the maths,...
Why Invest So Little In Property?
The Questor column in the Telegraph outlines how property is "the best income asset". Yet they allocate only a small portion of their model...
Muddying the Waters
Here in our dismal pit, we perked up a bit as we read the following headline in the Grauniad:
Clarity on Burford Capital is needed...
Blimey, Banks Close Branches In Poor Places, Not Rich Ones
The Guardian seems to have a certain difficulty in understanding what a bank is, what a bank is for, here. It's a mechanism by...
De Fault Is In The Stars
Yeah, a really bad pun, but we specialise in such. So what recently caught our eye here in our dark scribbler’s pit was a...
The Equation That Drives The Bitcoin Price
Now all we need to do is find the empirical values to plug into this equation. Even better, be able to predict them:
Speculation and...
Taxi Ride Anyone?
So here we go again. Just as the dust settles on that deflating balloon that was the Lyft initial public offering along comes another...
Jan Care*
Well, well, well, just look what’s happened!
That overhyped and touted IPO by Lyft is now in the doldrums. There’s this piece here by USA...