Yes, indeed! It’s getting better and better—isn’t it? If you don’t believe, or you find yourself asking, “For whom?” take a listen to the Ira Basen documentary, “In The Valley of the Kings”1 [Silicon Valley, that is] (42.06 min.) at http://podcast.cbc.ca/mp3/podcasts/sundayedition_20150220_88670.mp3 The world is certainly an over-regulated, mixed-up mess, but do we really think that monetizing […]
(Re-viewing psychotropic drugs) Washout 4. (informal) 1. a total failure or disaster 2. an incompetent person (http://www.collinsdictionary.com/dictionary/english/wash-out) 3. dose tapering of medication to more safely discontinue its use or to (ostensibly) eliminate its effects before commencing a different treatment regime (source: industry idiom1) But perhaps we should expand the meaning of “washout” as we consider:
If you were a writer and wanted to hype your income (and had the means), a sure-fire way to do it would be to buy tons of your own books and store them in some warehouse. Then after a short period of time, you could put them back on the market—with a price increase, of
If you are a believer in “free-markets” and laissez-faire, perhaps an excursion beyond Milton Friedman (& company) might prove useful. Here is one suggestion: Flash Boys: A Wall Street Revolt by Michael Lewis © 2014 In trying to unravel a Wall Street mystery, several people, hired and headed by Brad Katsuyama of RBC (Royal Bank
High-Frequency Déjà Vu Read More »
(OR, Alas! Alas! Wo is US!) In remembrance of the 120th year of the death of Joseph Ferdinand Keppler (1 February 1838 Vienna – 19 February 1894 New York) … an Austrian-born American cartoonist and caricaturist, who greatly influenced the growth of satirical cartooning in the United States;[*] and the 125th year of the publication
AWAKE !!to the price-tag ofdelusion. Once upon a time, Adam Smith said: People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. (The Wealth of Nations, p. 148—I.X.I) Once upon a (more recent) time, foreigners
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This post is in commemoration of the annual Babylon Boomerang that begins every December 26th. In some countries, it is called “Boxing Day” in accidental acknowledgement of all the gifts (unwanted, unneeded) that giftees box up to return to the “free” market for cash (or preferably credit from the POV of a bait and switch