Tag Archives: United States

If you added up all the college education of Steinbeck, Hemingway, Faulkner you’d get almost to spring break of freshman year. … Contemporary writing … has been influenced by the mid-century French style: psychological. Exploring your inner thoughts. Most [American] … Continue reading

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In total, our entire string of operating companies spent $8.2 billion for property, plant and equipment in 2011, smashing our previous record by more than $2 billion. About 95% of these outlays were made in the U.S., a fact that … Continue reading

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Stability of Currency Markets to HFT

Last week @gappy3000 shared the Bank of International Settlements’ autumn 2011 assessment of the impact of high-frequency trading on foreign exchange (currency) markets. For the lazy, here’s a summary of the executive summary: HFT in FX operates on high volume but … Continue reading

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A Lesson in Counterfactuals

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While the black and white populations of the United States have long differed in various social and economic variables — in income, years of schooling, life expectancy, unemployment rates, crime rates, and scores on a variety of tests — so … Continue reading

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I remember when I was a boy — a long time ago — when I was five or six years old and I lived in the countryside. And I remember Good Friday. What was the atmosphere a child breathed? `Be … Continue reading

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