Here is Avinash Persaud, writing on Willem Buiter’s blog, with his take on the problem: Why Bank Risk Models Failed and the Implications for what Policy Makers Have to Do Now, by Avinash D. Persaud: Sir Alan Greenspan, and others have questioned why risk models, which are at the centre of financial supervision, failed to […]

I will let people know how many google hits we get for this post. On the other hand, digby at Hullabaloo recommends we vote.

This one is for those concerned about how we spend our tax dollars. It is a robotics project funded by the pentagon performed by Boston Dynamics called the BigDog. I’m not going to comment because I can think of many positives as in the moon shot program and transitors and I can think of many […]

Angry Bear has been steadily increasing its readership, but in the last three months especially has seen a significant rise in visits. For the first time ever we had over 100,000 visits in March, which is a milestone given that around 60,000 was common. (Real figures can be evaluated on the sitemeter. January saw 90,000, […]