Monthly Archives: July, 2009
One Ban Begets Another
The Wall Street Journal Reports that Senator Max Baucus (D. Montana) finally understands free trade. The USDA is considering banning imports of the pangasius fish, from Vietnam, because it is similar to US-bred catfish. Well, they are considering temporarily suspending imports while they review the measures taken to ensure the safety of eating the fish [...]
Ever more sources
As we hear about new websites making use of the wisdom of crowds for their content, we give them to you. They are all, of course, also featured in our Resources page. Wikitravel : Fast becoming an indispensable part of travel planning, Wikitravel has information for over 20,000 destinations. Yahoo! Answers : While known to [...]
What does Predictify Predict?
We at Dumb Agent have been long time fans of Predictify, not only as a source of fun bets, but as a plausible indicator of future trends, much like the Iowa Electronics Market started to be years ago, and other trading platforms such as Betfair and Intrade have become. We liked Predictify particularly, however, because [...]
Myopic Hindsight
The online business news outlet, Knowledge@Wharton, is one of the better resources for business and finance news around, so when they come out with an article entitled Why Economists Failed to Predict the Financial Crisis, it shows that this point of view is not a sense of hubris on Wharton’s part, but rather a sign [...]
The Recession is Over (Possibly, Probably and According to Slate)
Goldman Sachs just posted enormous profits and the July US CPI is higher than expected. What does this mean? Well, it could mean many things, but Slate is ready to report that we are out of this Recession. We do not quote Slate magazine very often. This is not because we have anything against them, [...]
