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Posts Tagged ‘military’

Why Don’t We Know A Bubble When We See One?

Feb 11th, 2009
by gadfly.
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N'en déplaise à ces fous nommés sages de Grèce,
En ce monde il n'est point de parfaite sagesse;
Tous les hommes sont fous, et malgré tous leurs soîns
Ne diffèrent entre eux que du plus ou du moins.
- BOILEAU

Whatever these crazy appointed sages of Greece,
In this world there is no perfect wisdom;
All men are mad, and despite all their care
Differ among themselves as more or less.

So reads the somewhat cynical inscription to Extraordinary Popular Delusions and the Madness of Crowds, written in 1841 by Charles Mackay. It was a book about bubbles. The first two chapters are about financial bubbles.

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Why we fight

Sep 20th, 2008
by gadfly.
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This is a wonderful film that details the excesses of greed and violence that permeate our government and economy.  If you wonder why things are the way they are around here, then this may help you figure out some answers.

- gadfly

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