Russ Bredholt, Jr. of Bredholt & Co. sent me some bulleted Book Notes he had produced on a book “The Black Swan” by Nassim Taleb. In light of its relevance in today’s economic reality, I thought it might be of interest to pass along. I’m calling this a simple “Black Swan” in history. Take a [...]

I’m sure we are all, at this point, reading everything we can on the upcoming Stimulus Bill. This review, in Monday’s Wall Street Journal, was an insightful evaluation of the potential net effect, in economic terms, of government spending of that magnitude. Take a look. Original writing date: January 26, 2009 Article writing date: January [...]

I was interested in this article by Tom Friedman of the New York Times. He uses the concept of “the thing itself,” actually taken from what Emmanuel Kant a century ago called “the thing in itself” to represent the inherent truth behind the phenomena. These days, it’s the noise, clutter and what I call, from [...]