The 10th Man, January 2015

Socialism Is Like a Nude Beach—Sounds Like a Great Idea Until You Get There

January 29, 2015

I’ve been following the activities of Syriza for a long time. They started putting up big numbers in the polls in Greece three or four years ago.

Keep Your Risk Managers Away From Me

January 22, 2015

This week’s big news, of course, continues to be the massive revaluation of the Swiss franc (CHF). It’s perhaps the first instance of a G10 currency going up 16% in a single day.

Hi, I’m Charles Evans, and Welcome to Jackass

January 15, 2015

One of the things I always try to remember is that government employees (and this includes the folks at the Federal Reserve) are people just like you and me, most of whom work very hard to do what they believe is right.

EFPs and The Unanticipated Consequences of Purposive Social Action

January 8, 2015

Pretend you are a corn trader. As such, you have two choices: have a position in corn futures or own physical corn.