Jim Cramer’s Financial Fraud Exposé

March 11th, 2009 • No Comments

In a candid interview with Wall Street Confidential, Jim Cramer host of CNBC’s Mad Money spoke actively about decisions he made while managing his hedge fund — from things explicitly illegal, that he simply claims are easy to achieve because the “SEC doesn’t understand,” to things which are not entirely illegal. Continue reading ‘Jim Cramer’s Financial Fraud Exposé.’

The Nonzero Optimal Amount of Theft

March 11th, 2009 • No Comments

It seems axiomatic that crime is a social problem; that we should be aiming for a complete reduction — it also seems self-evident to any economist that this is simply false. Of course, in saying this, I’m more saying that there is a nonzero optimal amount of ‘everything,’ whether this is true or not, ends up to be a matter of endless debate. Continue reading ‘The Nonzero Optimal Amount of Theft.’

The Decline of Basque Nationalism

March 9th, 2009 • 1 Comment

In an interesting change during the regional elections in Spain on March 1st, the Basque Nationalist Party (PNV) lost it’s 29 year hold on the parliament in the Basque Autonomous Community. Continue reading ‘The Decline of Basque Nationalism.’