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Recent Posts
- Native apps are reigning on mobiles, but Jakob Nielsen strategically bets on web apps. — [LINK]
- Steven Krivit continues to trash Andrea Rossi and his LENR technology. — [LINK]
- Interview with Adam Lashinsky — [VIDEO]
- Why some people are more innovative — [VIDEO]
- Forbes editor deciphers Steve Jobs’s Apple. — [VIDEO]
- Jason Ruspini rebuts Eric Zitzewitz on the regulation of political prediction markets. — [COMMENT]
- Eric Zitzewitz petitions the CFTC in favor of real-money prediction markets about politics. — [TEXT]
- Global warming is a big scam. — [LINK]
- A Swarm of Nano Quadrotors — [VIDEO]
- The Tragedy of the Commons — [VIDEO]
- Guy Kawasaki on Steve Jobs — [VIDEO]
- Inside Apple — [VIDEO]
- Mitt Romney’s taxes — [LINKS]
- A critique of Apple’s multimedia iBooks. — [LINK]
- Does Apple lack “generosity”? — [LINKS]
- Apple Education Push — [LINKS]
- Water Crystals — [DOCUMENT]
- Apple’s e-book software will allow publishers to make textbooks more interactive. — [LINKS + VIDEO]
- Alain Soral is France’s most dangerous intellectual… (dangerous for the French plutocrats, that is). — [VIDEO]
- Computers thru time — [CHART]
Author Archives: Jason Ruspini
Gold and Real Interest Rates
The impact of real rates on gold is becoming more widely appreciated, which in itself worries me. Part of the reason I like gold is that there is so much noise around it and few seem to understand what drives … Continue reading
Posted in All Guest Authors's Posts, Analysis (Market Calls), Finance, Financial Markets
Tagged gold, real rates, Real Returns
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Technological change and asset returns
Peter Thiel thinks our entire civilization and culture is predicated on accelerating technological change. Specifically, technological growth has an important but poorly understood impact on economic growth, asset returns and the need to work over the course of one’s life. … Continue reading
More Garbage Words: Social Security, “A Minor Fiscal Issue”
Paul Krugman calls Social Security a minor fiscal issue, citing this report in which Social Security spending as a percent of GDP levels off at around 6% in 2030. For someone whose blogging modus operandi is pointing out disingenuous arguments … Continue reading
Posted in All Guest Authors's Posts, Economics, Ethics, Politics
Tagged demographics, entitlements, Paul Krugman, social security
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Mark Thoma, Superficial Blogger
His post, “The Myth of the Social Security Shortfall”, here, but if you don’t want to defer thinking, read Mish Shedlock on pension underfunding instead. Yes, taxes will have to go up, but it’s not as though sunsetting the Bush … Continue reading
The Interdependence of Prices and Gold
I gave a talk on Thursday night at the New York Investing Club meeting. The basic points: Gold does well when real rates of return are low. Real rates describe the price of gold much better than inflation alone. This … Continue reading
CFTC Takes Jurisdiction Over “Prediction Markets”.
First, a hearty congratulations to Robert Swagger and Trend Exchange. Along with the Cantor Exchange folks, they have run quite a gauntlet, and although there remains a tremendous obstacle in the form of the Lincoln amendment, I consider these exchanges … Continue reading
Posted in All Best Posts Ever, All Guest Authors's Posts, Exchanges & Markets, Finance, Hedging & Insurance, Inventions & Innovations, Regulations
Tagged betting markets, box-office derivatives, Cantor Exchange, CFTC, Commodity Futures Trading Commission, derivatives, economic purpose test, event derivative markets, event derivatives, futures, Hollywood, manipulation, MDEX, Media Derivatives, Media Derivatives Exchange, movie box office, movie business, movie futures, movies, MPAA, prediction markets, trading restrictions, Trend Exchange
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Book Review: The Limits of Transparency
Jacqueline Best’s The Limits of Transparency is carried by sensible concerns on the tension between efficiency and stability, the tension between promoting employment and stable money, and the political implications of seemingly neutral economic policy. However, while economists, market participants … Continue reading
Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Market Efficiency), Economics, Finance, Philosophy, Politics, Regulations
Tagged book review, Bretton Woods, CDS, constructive ambiguity, deferral, demographics, Jacqueline Best, self-fulfilling prophecies, transparency
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A Note on the Impotence of the Efficient Market Hypothesis
No one who makes a living trading really cares about EMH, but I’m not sure why failure to predict under EMH is that surprising. Markets do more discounting than predicting. That’s part of the reason why stocks are volatile — … Continue reading
What Does Gold Hedge Against?
“Not inflation”, the gold critics will shout, in one of their go-to arguments. This is what we hear from CNBC’s Mark Haines at every possible chance: since 1980, gold has not kept up with the CPI and so shouldn’t be … Continue reading
Paul Krugman Tries to Foist Specious Argument in Tobin Tax Debate.
It was a nice try but short term financing wasn’t a root cause of the crisis. Highly leveraged, incompetent financing, along with a host of agency problems and too little, not too much, trading share most of the blame. Since … Continue reading