Daily Archives: December 15, 2008

unknown unknown unknowns

I had a couple of interesting discussions with hedge fun friends this past weekend, who are fairly concerned with the latest bit of bad news (incidentally, one noted that people who invest in funds that invest in funds are, in fancy financial terms, ‘morons’). More interesting was a bit of thought on how much risk […]

Final Exam questions

This is my final from my Sociology of US Economic Life class. They get the questions in advance, and I’m choosing 3 for the final.. 1. Stiglitz (Globalization and its Discontents) argues that there is a “Washington Consensus” between the IMF and World Bank that directs most of the global efforts towards international aid and […]