In an op-ed on the highbrow Project Syndicate, Shashi Tharoor – former Indian Minister of State for External Affairs and UN Under-Secretary General – came back on the reasons why India decided not to short list any US fighter jet for its “largest single military tender in the country’s history”. In doing so he spiced-up [...]
On election night 25 Nov 2007 Australian Labor leader Kevin Rudd put an end to 11 ½ years of conservative government standing on a stage by the words “new leadership, fresh ideas”. A year later in November 2008 Barack Obama also ended a decade of neo-conservatism in the US. He too had an emphatic message [...]
Hollywood and Washington might be having another one of those wonderful serendipitous moments. When the movie script writers capture the political mood better than the spin doctors could ever dream of. This time, the psychological drama between the ‘innocent’ White Swan and the ‘manipulative’ Black Swan might be an unlikely but quite telling metaphor of the ideological shift happening [...]
The efficient market hypothesis disproved.
Financial Markets are not Supply-Demand Compliant
We’ve all heard about the basic rule driving the economy: the law of supply and demand. After a simplistic presentation on how it applies to the real economy, we will see that it actually does not work on financial markets. We will then find out what [...]
Joe Biden had a question.
During a long Sunday meeting with President Obama and top national-security advisers on Sept. 13, the VP interjected,
“Can I just clarify a factual point? How much will we spend this year on Afghanistan?”
Someone provided the figure: $65 billion.
“And how much will we spend on Pakistan?” Another figure was supplied: $2.25 billion.
“Well, [...]
Today POTUS {aka the PresidentOfTheUS} has received the Nobel Peace Prize for 2009.
Today NASA is also bombing the moon, in a totally peaceful manner.
The internet has gone loco to celebrate both achievements.
A few points regarding the first terrestrial matter:
The extend of what Barack Obama has achieved in a few months is somehow difficult to appreciate [...]
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