I had made an exhaustive study of recessions so that I could form a timeless picture of an archetypal recession and then understand the difference among them. I did that for all economic and market movements and was inclined to do it for just about everything, because it helps me understand how things work. One…Details
In 1928, Santiago Ramón y Cajal, the father of modern neuroscience, proclaimed that the brains of adult humans never make new neurons. “Once development was ended,” he wrote, “the founts of growth and regeneration … dried up irrevocably. In the adult centers the nerve paths are something fixed, ended and immutable. Everything must die, nothing…Details
It was January 4, 1877 and the world’s richest man had just died. Cornelius “The Commodore” Vanderbilt had amassed a fortune of over $100 million over the course of his lifetime as a railroad/transportation pioneer. The Commodore was of the belief that splitting the family fortune would lead to ruin, so he left a majority…Details
I friggen hate daylight saving – it is simply another social policy for which there is no evidence… One hundred years after Congress passed the first daylight saving legislation, lawmakers in Florida this week passed the “Sunshine Protection Act,” which will make daylight saving a year-round reality in the Sunshine State. If approved by the federal…Details
British paratroopers sit across from themselves in the same aircraft that dropped them during the D-Day invasion.