Monthly Archives: May, 2010

Should you Buy or Rent?

A recent article by David Leonhardt in the New York Times sparked quite a few responses among other publications, so we thought it was worth posting here. Simply put, it contains a calculator. You enter the data of a house you are interested in, and it tells you whether you should buy it or rent [...]

Letter from USAA

This is a letter I received from the USAA regarding the “Volcker Rule”. I am not sure about the legality of a Federal government entity soliciting votes regarding a bill in the Senate (I imagine that the separation of powers would allow it) and I can’t say I have a problem with it. I do [...]

British Railway Bubbles

Mathematician Andrew Odlyzko has produced an excellent paper (soon possibly to be a book) on the relatively unknown British Railway bubble of the 1840′s. Most people familiar with bubbles will know about the Tulipomania and the South Sea Bubbles (if not, you can read a brief primer about them here), not to mention the more [...]