Wednesday, July 27, 2011

Cities, Mathematics and Human Action

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Below is an interesting talk by physicist Geoffrey West at the TED forum on Cities. Some points he makes; -It’s hard to kill a city. ...
Tuesday, July 26, 2011

Interactive Graph of the European Crisis

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Here is a nice interactive chart from the Economist partially depicting the region's strain from the current PIIGS crisis For a better v...

Global Foreign Exchange Market Now at $4.71 Trillion

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Average daily global foreign-exchange turnover has grown to $4.71 trillion according to a Dow Jones Newswires analysis, underscoring how ...

Fed Audit Reveals US Federal Reserves’ $16 Trillion Bailouts of Foreign Banks

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A staggering $16 trillion of bailout money had been extended to foreign banks by the US Federal Reserve during the last crisis! That’s the...
Monday, July 25, 2011

Is The Island of Dr Moreau Becoming a Reality?

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In a creepy parallel to the H.G. Wells’ science fiction novel “The Island of Doctor Moreau”, UK’s public and independent schools have secret...

Telecommunication Boom: This Time for Africa

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There’s an ongoing mobile technology economic boom in Africa that’s bringing in a slew of new enterprises from from banking to agriculture t...

Quote of the Day: Bastiat on Symbolism

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From James Grant’s review of Frédéric Bastiat’s works , (hat tip David Boaz) Because nobody else can understand them, modern economists...
Sunday, July 24, 2011

Confirmation of the Phisix Breakout!

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The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to...

Philippines Small Business: Unfortunate Victims of Political Distribution

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When, then, does plunder stop? It stops when it becomes more painful and more dangerous than labor. It is evident, then, that the proper pur...
Saturday, July 23, 2011

Video: The Myth of Good Government

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The animated video below explains the myth of good government, from the simulated perspective of a "King" [hat tip Jeff Tucker]
Friday, July 22, 2011

Capital Flows, Financial Liberalization and Bubble Cycles

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Professor Arnold Kling excerpted the latest edition from the classic Charles Kindleberger book, “ Manias, Panics, and Crashes ” One of...