As you may know, I am no economist – I am not even an aspiring economist. My thoughts on the profession of economics are well known. However, I do like data and I do like asking questions about the data I find. I was reviewing the performance of a basket of commodities over the last…
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You can crudely tell the story of our species in three stages. In the first, which lasted for the vast majority of our time on Earth, from the emergence of Homo sapiens over 300,000 years ago to about 12,000 years ago, humans lived largely nomadic lifestyles, subsisting through hunting and foraging for food. In the second, lasting from…
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As a young course instructor in seminars for medical students, I faithfully taught neurophysiology by the book, enthusiastically explaining how the brain perceives the world and controls the body. Sensory stimuli from the eyes, ears, and such are converted to electrical signals and then transmitted to the relevant parts of the sensory cortex that process…
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In a bear market it can be impossible to escape the pervasive negativity. Not only will our portfolios be falling in value, but there is likely to be an incessant flow of news highlighting the harsh realities of the prevailing backdrop. Dealing with this is not just an uncomfortable experience, it changes how and why we…
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Tina was at a crossroads. Her daughter had recently left for college, and her husband had his own pursuits. And although she’d once enjoyed banking, she now bore little interest in her work. For some time, she had been asking herself whether she should quit. But what would her colleagues and bosses think of her?…
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