Consider the headline below – Source – The New York Times I am still surprised within academic circles that the value of exercise in delaying many age-related illnesses is still a matter for debate and that the press react so breathlessly to these pronouncements. And you don’t even have to go to the gym to…
Whenever markets have any sort of hiccup (read dont go up in a linear fashion) all sorts of commentary comes out of the woodwork. I therefore thought it would be instructive to look at the events of last week and to put them into some form of context beginning with a short term view. The…
Fascinating but horrible….. Long story made short – they went pop. Abstract In AD 79 the town of Herculaneum was suddenly hit and overwhelmed by volcanic ash-avalanches that killed all its remaining residents, as also occurred in Pompeii and other settlements as far as 20 kilometers from Vesuvius. New investigations on the victims’ skeletons unearthed…
The most telling part of the piece – The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents.” No doubt this is a universal phenomena. The graphic below shows that the raw material for being successful is evenly distributed across socio-economic groups but the expression of…
Given that they are run by people it shouldn’t be any surprise….. J F C Fuller did not invent the tank. That distinction should probably fall to E L de Mole, an Australian who approached the British war office in 1912 with a design that was — in the words of historians Kenneth Macksey and…
Bored with the usual headline of the looming war with China, North Korea, Russia and the Packenham Upper Under 12B’s the Murdoch press has now turned its hyperbolic panic based radar onto the housing market. Apparently that house you bought last year for $3M is now worth one ugly camel, a distributor from a Datsun…
We are approaching the ten year anniversary of the implosion of Lehman Brothers and the subsequent meltdown in the financial system that precipitated the GFC. As always it is instructive to look back in history and see what lessons can be learned. Although I will offer a spoiler – there is nothing new to be…
I have always been fascinated by this….. Four times every day, on radios all across the United Kingdom, a BBC announcer begins reading from a seemingly indecipherable script. “And now the Shipping Forecast issued by the Met Office on behalf of the Maritime and Coastguard Agency,” says the voice over the wire. “Viking, North Utsire;…
Wherever you go, money talks. And it has for a long time. Sadly, though, money has been mum about its origins. For such a central element of our lives, money’s ancient roots and the reasons for its invention are unclear. As cryptocurrencies such as Bitcoin multiply into a flock of digital apparitions, researchers are still…
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