Tag Archives: politics

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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Posted in Business, Business Explained blog | Tagged , , , , , | 5 Comments

Election 2008: Blech. Where's the wisdom?

I’ve been watching the election with bated breath. Well, ok, I’ve been watching it mainly with a feeling of disgust. There’s been hour after hour of talking heads evaluating the horse race and ignoring issues. Or at best, they whine … Continue reading

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Posted in Business Explained blog | Tagged | 1 Comment

How we explain success may be different from what really causes it.

I was reading Steve Salerno’s “anti-SHAM” blog as he was commenting on Hillary’s speech at the DNC last night. He didn’t think much of her story. She told a story of her success, he said, that may have been a … Continue reading

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Science has worked so well that superstition now reigns supreme

I grew up in the era of the Apollo moon launches. One of my earliest memories is traveling to Cape Canaveral and watching from the beach as one of the missions was launched towards the moon. It was pretty incredible. … Continue reading

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Posted in Business Explained blog, Featured | Tagged , , , , , , | 6 Comments

War versus food. War wins.

We’re spending a billion dollars a day on the Iraq war. Elsewhere in the world, we’re having food riots, because poor people can’t get enough to eat. The U.N.’s World Food Programme estimates the food gap at $500 million. That’s … Continue reading

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