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  • 2008
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      • Investments
        11/30/08
        I was researching opening a brokerage account when I read the following description:
        With a Margin Account, you can buy and sell most of the same types of securities as you would in a Cash Account, but you'll have the added advantage of leveraging your investments.

        Ummmm... no t

      • Efficient Markets
        11/29/08
        I participated in a comment thread over at Megan McArdle's blog, one of my new favorite places on the web.

        What they are describing is generally called a "negative externality." A negative externality is where you do not bear the full cost of your economic activity: it is

      • A Useful Addition to the National Discourse
        11/15/08
        I've long been critical of the way the NYT editorial page seems to make a deliberate effort to avoid adding a useful voice to the discussion of major political issues. Most often the Times is content complaining about the latest liberal pet peeve, while going out of its way to not propose a so

      • Please Do Not Run For National Office Ever Again
        11/09/08
        Bill Kristol wrote a column complimenting Obama's skill and stating that "It's good for conservatism that conservatives will have to develop refreshed ideas and regenerated political skills to succeed in the age of Obama."

        I appreciated his recognition of the skill in

      • I just don't understand how these people are so smart
        11/08/08
        The Economist, exactly on the mark as usual, weighs in on the Obama victory.

        On the state of racial affairs in America, and by implication the rest of the western world:
        This week America can claim more credibly than any other western country to have at last become politically colour

      • Lessons from the Financial Crisis
        11/08/08
        Ever since Rupert Murdoch took over the Wall Street Journal, the Op-Ed page has largely served as an annex for deposits by the editorial board. When editorials stay focused on business they remain spot on, but those that delve into politics sound strikingly similar to Fox News. It was refreshing,

      • Collins
        11/08/08
        The name of a delicious drink, but also the name of a columnist for the New York Times. She is, once again, absolutely hilarious.

        On Sarah Palin:
        The Republicans are being way more nasty to Sarah Palin than the Democrats are to Lieberman. They’ve been portraying her as both a shopah

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