Jesse's Café Américain

Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said

Showing posts with label market inefficiency. Show all posts
Showing posts with label market inefficiency. Show all posts
19 November 2014

Even the Best Can Fall Victim To the 'Efficient Markets Hypothesis'

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The preamble to this recent column by Ted Butler (subscription but worth it for his fine work in tracking the silver market) is a ...
07 October 2012

Weekend Reading - Ode to Financial and Political Narcissists and Sociopaths

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The expense of spirit in a waste of shame (Sonnet 129) by William Shakespeare The expense of spirit in a waste of shame Is lust in acti...
17 April 2010

Wealth Dispersion and General Thoughts on the Future of Economics on a Saturday Afternoon

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Here is an interesting graph of wealth distribution, or dispersion, as I call it from Cherchez La Verite . I am not sure I agree with his co...
22 July 2009

"Build America Bonds" Paying a Shocking Premium to Corporates

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The “Build America Bonds” were created by Bill S.238 called "The Build America Bonds Act of 2009 which provides $50 billion of federal ...
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