Battleships and Camshafts
It is only by trade, interaction, and competition that a nation is able to keep up with its rivals…and improve its own citizens’ standards of living.
The Daily Reckoning Australia
An Australian’s outlook – 37 years ago vs today
There is much contrast in the Australia that I grew up in and what my son will live in. In today’s article, I explore the major changes, how we got here and reveal what you can do to help make it a brighter future for you and your future generations.
Shrinking of the Bubble Empire
The UN just voted to make Africa bigger.
Hanging Telegram
We begin the week with news from the Independent:
The Truth About Black Swan Events
I began studying complexity theory as a consequence of my involvement with Long Term Capital Management, LTCM, the hedge fund that collapsed in 1998 after derivatives trading strategies went catastrophically wrong.
Orinoco Funk
This is not Saudi Arabia we’re talking about. It’s Venezuela. With different topography. Different politics. And very different oil deposits.
