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Tag: credit default swaps

Greed is the Root of All Speculation

March 24, 2018 Homo Stupidus

There is a prevalent belief today that if one has extra money one does not need to spend now or in the near future, then

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The Financial Equivalent of Snake Oil

January 30, 2018 Homo Stupidus

In the history of the United States, there were travelling salesmen who sold a variety of different tonics, potions, powders, syrups, pills, and other remedies

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Contents

  • Act I: Philosophical Misadventures
  • Act II: Free-Market Folly: Why Economics is not a Science
  • Act III: The Glorious Miracle of Life
  • Act IV: Our Relationship with God
  • Act V: The Only Way Forward is the Way Back
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