Importing Economic Policy From The Land of the Rising Sun

After the initial shock of the Japanese triple tragedy (earthquake, tsunami, & ongoing nuclear) wore off and it’s reality set in, I began to ponder what if any long term economic implications might arise as a result.  Commonwealth (my broker/dealer) recently issued a statement outlining their assessment of the situation which says the whole problem read more…

110315 Poll Question

110312 Rethinking Predictions

In light of the recent devastation in Japan, perhaps its time (again) to acknowledge the limits of our knowledge and pay heed to those constraints when making predictions about nature specifically and complex systems in general (such as economics, world trade, and the environment). While watching yet another dumbfounded scientist babble about how their assumptions read more…