If you’re any where near the NYC metro area, then you’re bound to notice great tension in the air.  The tension is the by-product of recent financial news headlined by the financial giant Lehman Brothers filing for bankruptcy.  Today’s NY Times summarizes the current state on Wall Street well: Nervous investors tried to make sense of a rapidly changing financial landscape on Monday […]

IF you ask married people why their marriage works, they are probably not going to say it’s because they found their financial soul mate.
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Robert Stolarik for The New York Times
But if they are lucky, they have. Marrying a person who shares your attitudes about money might just be the smartest financial decision you will ever make. In fact, when it comes to finances, your marriage is likely to be your most valuable asset — or your largest liability.
Marrying for love is a relatively recent

OPEC is taking measures to cut oil production in order to control market pricing – don’t you love the oil cartel. George Bush has ordered fighting to begin in Pakistan. The world didn’t suck itself into a man-made black hole. You think your family was competitive, see the latest review on The House of Wittgenstein. Finally, what makes working class […]

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Gregory Clark’s new book, A Farewell to Alms: A Brief Economic History of the World asks some pretty big economic questions: – Why do certain countries prosper while others find it so difficult to grow? – Why did the Industrial Revolution occur in England during the 17th century? – How do cultural attitudes play a role in economic development? Clark also […]

If you make your living working on the web then you’ve most likely heard of the terms, user experience, usability, human factors, user interface, etc.  And for the most part, the terms all have something to do with making it EASIER for the end user to interact with a web page or application.  The folks at Human Factors International, a usability consulting firm, […]

The NY Times has a terrific interactive map on how people across the world spend their discretionary income.  Some interesting findings include Japan spending more on recreation than clothing and Greece throwing money at clothing versus electronics.  Read the full article here. The US Government likes to keep unemployement between 2-5 percent, 0 unemployment is actually a bad thing (according […]

Predicting and understanding markets is tough stuff, in fact I don’t think any one has done it well thus far.  Part of the problem is that markets have an irrational factor, namely, human behavior. Behavioral Economics is a new field of study that aims to integrate psychology and neuroscience to the study of Economics.

Business Week ran an article on Emotiv Systems’ new Epoc headset which apparently can communicate wirelessly with a PC and allow a users to play a game or arrange photos on a screen without any other input device!  

I’ve been fascinated with Kafka since High School and Zadie Smith offers an excellent review of The Tremendous World I Have Inside My Head: Franz Kafka: A Biographical Essay. I think vegetarianism will most likely be the preferred way of eating in the far future (say once we over fish the oceans and grow up ethically as a civilization) and […]