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    Commentary, Economics /

    Time Is Money, Money Is Time

    February 27, 2012

    Time is money. The two seem to be entangled. In finance class we all learn about something called a net present value. This is an attempt to collapse a temporal string of cash flows into a single figure for comparison with other similarly collapsed numbers. More importantly it is an attempt to collapse time itself. […]

    Economics / bank reform, banking, consumer confidence, GDP, real estate, stimulus, wages /

    Round Up, and Returns

    February 27, 2012

    I’ve been off line for a few days, so I ought to catch up with the news. Which, it turns out, isn’t really news at all. The economy is right where we left it. Chugging along at an unspectacular pace, adding jobs at a modest rate, growing, but too quickly, and exposed to the exact […]

    Economics / Greece /

    Greek Drama

    February 21, 2012

    My father in law was from Drama. Somehow it’s fitting that the Greeks gave us the best word to describe their situation. Dramatic indeed. Sometime, no doubt, a great many books will be written about this particular piece of drama. The news has been filled for so long with stories about the Greek economy being […]

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