Polarization is on the rise. A structural decline is happening in America that’s shifting people into the margins based on education, beliefs, or ethnicity. Denial about the circuitousness of change is leaving casualties at the road side as individualized behaviors are dictated by black and white values and not pragmatism. Advocates animal rights will attack […]
Hot Day in August
It was a hot day much like this one back in August 1762. An overweight British bureaucrat in his mid-forties, who preferred to sit on his butt and gamble, as many Londoners knew, got hunger. His name was John Montagu and he was rich, had the title of Earl, was falsely empowered and as a […]
China’s Middle Class
China’s Middle Class Economic pundits are coming to grips with a new global realty check. The realization that industrialized double digit export growth in China is unsustainable. However, that has not deterred Chinese policymakers from eyeing new sustainable growth strategies to propel China into the preeminent world economic power. One secret weapon could […]
Change Happens (Part 3 of a 3-part series)
Encore Performance from 2003 Change Happens Part 3 of a 3-part series Never again will you hear the objection, “the big firms have their own floor broker and better executions”, because such trading will soon be obsolete, as we predict so will the NYSE. Because we know that after 9/11 a directive from the highest levels […]
John Dillinger Public Enemy #1
As temperatures around the country hit scorching highs, I try to remember it could be worse. Like in 1934 when much of the U.S. was trapped in a heat wave. In Chicago temperatures soared above 100 degrees so it made sense for Polly Hamilton a divorced waitress, to take in an air-conditioned movie. She […]
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