Category Archives: Decoupling

On finance and inequality

From David Glasner, via Rajiv Sethi: Our current overblown financial sector is largely built on people hunting, scrounging, doing whatever they possibly can, to obtain any scrap of useful information — useful, that is for anticipating a price movement that … Continue reading

Posted in Decoupling, Finance and capital markets, Inequality | Leave a comment

Hey, thanks for that taxpayer bailout

From Bloomberg: Wells Fargo & Co. (WFC), the lender looking to trim more than $1.7 billion in quarterly expenses by the end of this year, may move some jobs overseas. Roles in technology, the retirement division and other business lines … Continue reading

Posted in Decoupling, Finance and capital markets | Leave a comment

Wisconsin, atomization and the politics of envy

Prime Minister Margaret Thatcher, 1987: And, you know, there is no such thing as society. There are individual men and women, and there are families. And no government can do anything except through people, and people must look to themselves … Continue reading

Posted in Decoupling, Labor, Politics | Leave a comment

Looting and military pensions

Gretchen Morgensen has what should be a blockbuster in today’s NY Times on the use of taxpayer funds to subsidize contractor pensions and other benefits. Her article prompted me to dust off some material that never made it into a … Continue reading

Posted in Decoupling, Labor, Pensions, Public finance | 1 Comment

Reaping the whirlwind

The behavior of crowds at the Republican debates, which has so far included cheering first for executions and then for the death of hypothetical uninsured sick people, should have surprised no one. This is the same base that McCain’s campaign … Continue reading

Posted in Decoupling, Politics | Leave a comment

Fractals, fractiles and inequality

I finally got around to reading Mandelbrot and Hudson’s The Misbehavior of Markets, and can’t recommend it highly enough. I hope to have more to say about Mandelbrot’s ideas of investment risk, particularly as they relate to Luhmann (whose systems … Continue reading

Posted in Decoupling, Inequality | Leave a comment


I spent the day dealing with the Kafkaesque nightmare that is the individual health insurance market, which means my planned post on fractals and the social contract (not joking) will have to wait a day or two. I’ll have more … Continue reading

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