Tag Archives: Wall St

Self-reliance

There’s a lot of talk these days about self-reliance. According to some, our lot in life – our success or failure – is all up to us. As GOP presidential candidate Herman Cain recently said: “Don’t blame Wall Street, don’t … Continue reading

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OccupyWallStreet and Failing Institutions

Jeff Jarvis has written about the OccupyWallStreet movement: #OccupyWallStreet, to me, is about institutional failure. And so it is appropriate that #OccupyWallStreet itself is not run as an institution. We don’t trust institutions anymore. Name a bank or financial institution … Continue reading

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On Trees and Forests

I was kind of surprised when former Fed chair Alan Greenspan admitted to a Congressional committee that he was “in a state of shocked disbelief” over the current financial crisis. I know next to nothing about economics or the goings … Continue reading

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Chaos On Wall Street

PBS’ News Hour recently featured a Paul Solman interview of Benoit Mandelbrot, a mathemetician known for his work on Chaos Theory, and Nassim Nicholas Taleb, author of the book “The Black Swan: The Impact of the Highly Improbable.” It offers … Continue reading

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Complexity on Wall Street

I’ll be the first to admit I don’t know much about economics. Then again, based on the last few weeks, there are a lot of people on Wall Street that don’t know much about economics either. (Why would an investment … Continue reading

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