Recent content by Capablanca

Krugman puts out a sea of comments in his columns yet the most damning evidence against Krugman that could be produced was in the years 2001 and 2002 when the world was at the last cyclical bust? Puhleese. That's like saying a call to buy the market of 1996 was a bad one — in 2002. I'd be...

Krugman has been one of the more accurate commentators out there even if he did not call the current financial crisis. If you wish to allow your partisanship to color your judgment that is your problem. If the award to Krugman is not worth much then the awards to Friedman and Hayek are...

Wikipedia is hardly a definitive source. In any case economics fits the description. What makes the science aspect of economics harder to test and reproduce is that it is a social science. People unlike physical substances adapt and change their behavior and do not remain static. Most...

So many responses but only one person so far has answered the question with a link to a list. The random walk index I presume is probably designed for the task. If I recall so are the vertical horizon filter and perhaps more common r-squared. Doesn't mean they are reliable indicators at...

Is there any estimate on how much the oil in that well was expected to be worth? Is BP breaking even or is this costing them more than the oil well was worth?

Wouldn't something like this have insurance?

72 years is just about enough time for one generation to die off and the following second or third generation to repeat all that previous generation's mistakes.

http://dsp-psd.tpsgc.gc.ca/Collection-R/LoPBdP/BP/bp419-e.htm

Is there a difference between the current system and rationing? There is already rationing. This entire rationing theme is a sideshow. When people are denied coverage isn't that rationing? When insurance rates rise and more people find they cannot afford it and are priced out of...

Public Debt as % of GDP https://www.cia.gov/library/publications/the-world-factbook/rankorder/2186rank.html 1 Zimbabwe 2 Japan 3 Lebanon 4 Jamaica 5 Singapore 6 Italy 7 Seychelles 8 Greece 9 Sudan 10 Egypt 11 Bhutan 12 Belgium 13 Sri Lanka...

I thought Sarah Palin was being followed for the same reasons Jessica Simpson and Britney Spears were: the chance for a public meltdown.

Trading has more in common with finding a cure for a disease. With some businesses, simply getting the right location and the right franchise is enough to make it an almost no fail proposition if one also possesses good management skills. As stated earlier finding the "edge" is more...

The article is by a doctor. Doctors don't seem to be neutral parties. They make more money under the American system.

Taleb states an idea that is obvious and self-evident. He now is a convenient reference for that idea but I don't understand why there are so many people gushing over him.

The airlines with a history of being badly run seem to be the ones reducing the space for passengers. It seems that by adding seats and therefore passengers they will also need to add a flight attendant. All-in-all the advantages of the change seem nebulous. Will I trust American, Delta, and...