Monthly Archives: October 2008

What problems are markets the answer to?

I am a proponent of free markets for the things that markets are good at. Markets are great at pricing things whose future attributes are relatively predictable by the market players, and that don’t require a decision-making time horizon greater … Continue reading

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Global meltdown: Bush saves the day! (in 40 minutes!)

Meetings! I just love meetings … no, I don’t. I hate meetings. But perhaps that’s just because I’m no good at running them. According to an MSNBC article today, Bush met with the leaders of 20 countries Saturday night. To … Continue reading

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Why the finance industry should accept much more blame for the crisis.

If what we want to do is point fingers, there’s plenty of blame to go around. At the end of the day, though, I hold the creators of the securities as being far more responsible than the home buyers. Professionals … Continue reading

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Greenspan? Rapidly approaching status of "bad joke" in my mind.

According to a New York Times article about Greenspan and his policies today, Greenspan is defending his stance on derivatives (he was pro-derivatives) by saying the whole imploding economy is because of people acting in bad faith in the markets, … Continue reading

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Can you give me (audio) examples of criticism?

I’m writing a Get-it-Done Guy episode on criticism. I’d love to include some listener examples of criticism you’ve received in your own voice. It needs to be pretty short, and suitable for family listening. Real examples are preferred. For instance, … Continue reading

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