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A Sojourn in Davos: Things Will Never Be the Same
Book Review – The Magic Mountain by Thomas Mann For all its potential as a canvas for the display of human suffering, sick-lit never quite made it as a genre. In her 1926 essay On Being Ill, Virginia Woolf expressed
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Book Review: Squeezing Cash Out of Milliseconds
Time is money. To high-frequency traders, it means big money. HFTs make cash by being milliseconds faster than the other guy – or system. These are not mom-and-pop investors: high-frequency traders employ ultra-fast Internet connections and powerful computers to catch
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Piketty’s Capital: A Problem Analysed In-Depth but not Solved
When a book on economics cites Honoré de Balzac and Jane Austen to provide evidence, one cannot fail to take note. It sure beats the rather uninspiring conclusion that R > G and this means trouble. The rate of return
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Mauldin and Tepper’s Code Red Reviewed: Code Red or Red Herring?
By Stephanie Kelton If you aren’t already unnerved by what Bernanke & Co. have been doing for the last five years – things like quantitative easing (QE), a zero-interest policy (ZIRP) and large-scale asset purchases (LSAPs) – then reading John
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