Category Archives: Finance

Don’t Try to Appease Economic Terrorists

Posted on January 21, 2023 by Jim deMaine

By Paul Krugman in the NYT A few days ago I received an automated text from my bank. For some reason the bank’s algorithm flagged a valid charge on my debit card as potentially questionable; the text asked me to verify … Continue reading →

Posted in Economics, Finance, Government | 1 Comment

Why are Republicans telling voters they want to cut Social Security by a third?

Posted on November 8, 2022 by Jim deMaine

By Alicia H. Munnell Improving benefits for the low paid is a noble goal, but all but the very wealthy need the benefits in current law. Why in the world would Republicans put out a plan to dramatically cut Social Security? … Continue reading →

Posted in Essays, Finance | Comments Off on Why are Republicans telling voters they want to cut Social Security by a third?

Interview with Ed Thorp – the investor who spotted Madoff’s scam has some new worries

Posted on June 17, 2022 by Jim deMaine

This is, my apologies, a long interview (1.5 hours) but you may find it interesting. Click here if interested.

Posted in Finance | Comments Off on Interview with Ed Thorp – the investor who spotted Madoff’s scam has some new worries

Companies doing or not doing business in Russia

Posted on March 25, 2022 by Jim deMaine

Thanks to Jim S. Professor Jeffry Sonnenfeld (Yale University) has developed a list of companies who did, or continue to do business in Russia.  The list is divided into five categories, ranging from “Withdrawal” a clean break with  to “Digging … Continue reading →

Posted in Business, Finance, War | Comments Off on Companies doing or not doing business in Russia