Entries from November 2010

Friday, November 19th, 2010

Frog boiling gone awry

There is an old and widely known anecdote that a frog, when placed in a pot of boiling water will immediately jump out, but if placed in cold water and the temperature is gradually increased it will boil alive without offering any resistance.  Although not technically true, the anecdote captures an aspect of human nature […]

Friday, November 12th, 2010

“Uncle Eric’s” financial regulation

“I submit that the financial industry only needs one regulation of four words: ‘Thou shalt not steal.’” -Richard Maybury, author of the wonderful Uncle Eric books and the Early Warning Report. http://www.youtube.com/user/RichardMaybury#p/u/10/AqEmEjYuT1s (Quote begins at 6:49)