Seven Bad Ideas

In “Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World,” Jeff Madrick — a contributing editor at Harper’s Magazine and a frequent writer on matters economic — argues that the professional failures since 2008 didn’t come out of the blue but were rooted in decades of intellectual malfeasance. As a practicing and,…

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Occupational Hazards of Working on Wall Street

Technology entrepreneurship will never have the power to displace big Wall Street banks in the central nervous system of America’s youth, in part because tech entrepreneurship requires the practitioner to have an original idea, or at least to know something about computers, but also because entrepreneurship doesn’t offer the sort of people who wind up…

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Some Things Never Change

A few weeks ago I took LB’s youngest off to her first Tae Kwon Do class – she is a dab had at Japanese Jujitsu and the thought of actually kicking people in the head appealed to her (as it should). So as the resident expert on such things I did a bit of research…

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Traders: Millions by the Minute

BBC two parter on trading. I cant embed the video so you will have to go here to watch it on BBC iPlayer. If you run into problems with geoblocking you may need to install a browser extension such as Hola or Media Hint Two-part documentary series which goes inside the fast and fiercely competitive…

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The Way You Do One Thing

The expression the way you do one thing is the way you do everything is a phrase I freely admit that I pinched from Michael Yardney. It is a phrase that gives a wonderful insight into both the character of people and the reason why they might fail or succeed at a given endevour. Let…

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Get Rich

Please get rich. I mean really rich. Make this your year to do just that. Yes, I realise it’s in vogue to think of the rich as being capitalist pigs, worthy of derision – but let’s look at the facts. Unless you personally develop wealth, then you’re going to have to rely on the rich…

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What’s Your Excuse?

Unless you change what comes out of your mouth, and what has taken root in your mind, you’ll be stuck exactly where you are now… forever. Successful traders are ludicrously intolerant of excuses. Their own, and others. When I was broke, I used to spout drivel about why it wasn’t my fault. One day I…

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