Tag Archives: why

Leverage = Credit = GDP

I’ve been reading a lot of The Epicurean Dealmaker and Synthetic Assets blogs this weekend, as well as this article that says Wall Street’s compensation is never coming back (due to Dodd-Frank). Two summary thoughts: Leverage creates credit. Maybe the way … Continue reading

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[G]eometry and number[s]…are unified by the concept of a coordinate system, which allows one to convert geometric objects to numeric ones or vice versa. … [O]ne can view the length ❘AB❘ of a line segment AB not as a number … Continue reading

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[Talking of Standard & Poor’s downgrade of Portugal,] I had this thought the other day while reading Žižek and it was kind of breath-taking. If you really think about money the world seems quite magical. There’s this pure symbol, backed … Continue reading

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[T]he firms that leaned most heavily on lobbyists have outperformed the S&P 500 by a whopping 11 percent per year since 2002. —Brad Plumer report by Strategas; chart appears both in wapo.st and econ.st (Source: http://www.washingtonpost.com/blogs/ezra-klein/post/the-outsized-returns-from-lobbying/2011/10/10/gIQADSNEaL_blog.html)

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How did the Zebra get its Stripes?

This has confused me ever since I learned about evolution. As Mr. Shepherd explained it to me in the second grade, zebras are hard to kill because, when the zeal runs, their collective stripes make it hard for a predator … Continue reading

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Children are used to not understanding everything that’s said around them. Ed Catmull, founder of Pixar

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Cy Twombly

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