Tuesday, 25 March 2014

Target price of zero entertained our traders in HK earlier today. Makes an interesting caveat/read

 'Is China Really So Constipated? Lumena claims to sell ~300,000
tons of medical thenardite, primarily used as a laxative, every year. If this  
is true, we estimate that Lumena would have to sell an average of 30 doses of medical thenardite ever year to every human being in China over the age of 14. This simply defies credibility.'                                

The 100 Best Economics Books of All TIme

Did Hyman Minsky find the secret behind financial crashes?
(answer: no, but good definitions for being caught short without toilet paper, 'Minsktymoment')

Behavioural economics and public policy

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