Friday, 14 October 2016


After Brexit, our tabloid newspapers are taking political intolerance to a chilling new extreme

These newspapers and their commentators are now implying that those who disagree with them should be silenced, or even locked up. This is dark and dangerous territory

http://www.independent.co.uk/voices/daily-mail-brexit-daily-express-the-sun-tabloids-language-political-intolerance-traitors-a7357591.html









Blockchain settlement
http://streetwiseprofessor.com/?p=10201


Five Books to Change Liberals' Mindshttps://www.bloomberg.com/view/articles/2016-10-11/five-books-to-change-liberals-minds

Friday, 7 October 2016

ON £ MOVE
But some foolish folk will have done a Bloomberg News search for GBP and decided that it is due to the news that fracking had been allowed in North West England. Which is of course rubbish, because we all know that it happened because Diane Abbott was made the shadow Home Secretary.
http://polemics-pains.blogspot.co.uk/2016/10/gbp-goes-eurchf-whats-going-on.html

Thursday, 6 October 2016


Your name will also go on the list

http://www.economist.com/blogs/buttonwood/2016/10/british-economic-policy
But this was not the only bad idea to come out of the current Conservative conference. First, there was the idea of training more British doctors so that foreign doctors could “go home” after 2025, a policy hardly designed to engender confidence in the many immigrants (like my GP and dentist) who keep the health service going. Then there was the idea oflimiting the number of foreign students who can come to British universities (another brainwave from Ms Rudd).

Friday, 9 September 2016

Thursday, 11 August 2016

Are market efficient?

Do market prices generally reflect all available information? Or are they prone to bubbles? On this episode of The Big Question, two members of the Chicago Booth faculty—Nobel laureate Eugene F. Fama and Richard H. Thaler, the father of behavioral economics—discuss how markets behave (and misbehave). Along the way they discuss value stocks versus growth stocks, the existence of economic bubbles, and the curious case of the CUBA Fund

29:30 : They are all lineal combinations of various multistate combinations


Thursday, 14 July 2016


Gaiety is a quality of ordinary people. Genius presupposes some disorder in the machine
Denis Diderot

Friday, 8 July 2016


Just Say No to High-Speed Rail
http://www.bloomberg.com/view/articles/2016-07-07/just-say-no-to-high-speed-rail



Why Traders Have Lost Their Touch
http://www.bloomberg.com/view/articles/2016-07-08/why-today-s-traders-have-lost-their-touch

Wednesday, 6 July 2016



https://mainlymacro.blogspot.co.uk/2016/07/more-on-how-it-happened.html

Tuesday, 5 July 2016

Didn’t the Sex Pistols sing about “…now I got a reason to be waiting”?
When will the United Kingdom invoke Article 50?
http://marginalrevolution.com/marginalrevolution/2016/07/when-will-the-united-kingdom-invoke-article-50.html

Monday, 4 July 2016

social terrorism through wine

'Everything with wine is subjective. There are no rights or wrongs in wine appreciation, and, as one would expect with anything that involves the palate and sensitivity to various different compounds and like and dislikes, we do vary. I’ve never tried to give the impression that my opinion is the one and only one. I just say what I think, and my whole career has been dedicated to trying to give consumers enough confidence to make up their own minds'
http://fivebooks.com/interview/jancis-robinson-wine/