Eureka!

Originally posted Saturday, March 03, 2012 Share “Archimedes jumped out of the tub and rushed home naked, crying with a loud voice …  “Eureka, eureka” = “I have found (it), I have found (it)”. from THE TEN BOOKS ON ARCHITECTURE  DE ARCHITECTURA LIBRI DECEM...

No Laughing Matter….

Originally posted on Tuesday, February 21st, 2012 Ricochet.com, January 31, 2011 reports: In what may be the strangest market indicator ever, a blogger found that the amount of laughter recorded in the official transcripts of Federal Reserve Open Market Committee...

The Fed Goes 0 for 4

Originally posted on Wednesday, February 29th, 2012   “To entrust to science … more than scientific method can achieve may have deplorable effects.” — Hayek What if the Federal Reserve consistently gets it wrong? Consistent wrongness is the verdict...