

A book review. “Those who fail to study the intellectual debates of the past are condemned to repeat them,” is a variation on Santayana’s famous dictum particularly applicable to economics and monetary theory, where ideas cycle along with events. In The Currency...
The political history of money

Why job turnover is so high for Gen Z and Millennials
Originally published July 2022. Jonathan Haidt’s latest essay, ‘Why the Past 10 Years of American Life have Been Uniquely Stupid’, calls attention to concerns related to how Gen Z has been raised. According to Haidt (and previously fleshed out in his...
Why job turnover is so high for Gen Z and Millennials

What cockroaches have to do with Wall Street
The cockroach theory in Wall Street contends that for every one cockroach you see, there are 100 hidden in the woodwork. We saw four Big Tech cockroaches in this earnings season: Microsoft, Alphabet, Texas Instruments and Meta, which can be classified as a super...
What cockroaches have to do with Wall Street

Jews are leaving Russia again
Originally published August 2022. Is history repeating itself? It’s not the first time that Jews have felt it necessary to flee Russia, but the invasion of Ukraine has resulted in the fourth wave of exiles in the past hundred years. Since Vladimir Putin became...
Jews are leaving Russia again

Why don’t you hear about this on CNBC or Bloomberg?
Originally published August 2022. Did anyone notice a trend in the residential REITs’ 1st quarter 2022 earnings calls? From a very high level, renowned C-suite executives from some of the top residential REITs across the country had very positive outlooks for 2022....
Why don’t you hear about this on CNBC or Bloomberg?