Archive for July 16th, 2011

How To Solve Complex Problems

I liked this a lot when I read it on TED: Now I’m not trying to deliver a nihilistic message here. I’m not trying to say we can’t solve complicated problems in a complicated world. We clearly can. But the way we solve them is with humility, to abandon the God complex and to actually use a problem […]

AAA Madness

Making the rounds today, and well it should, is this graph and link to Tracy Alloway’s post on AAA credit (click it for the big version). Now there has been no lack of commentary since this appeared. Felix Salmon frets that there is ultimate danger lurking in AAA rated securities. Yves Smith does her best […]