Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Tuesday, March 10, 2009

Quant


These are the guys that we need to reverse course, leave wall street,  and go back to physics to prove Einstein's theory of everything.  Instead of trying to advance science we have been advancing the science of making money.  Read here.

Thursday, March 5, 2009

Big Brother to Little Brother: No New New Deal


British Prime Minister Gordon Brown suggested that we move to create a New New Deal around the world for the recovery and preservation of the financial system.  Obama rejected the choice of words.  Thinking about the future, I do not see how the world is going to agree on forming a governing body to monitor financial systems around the world.  Governing bodies that try and handle trade (WTO), peace (UN), etc. never get everyone to agree on policy.  So how is an international body going to be able to regulate finance across boarders?