How to run a succesfull experiment?

How to run a succesfull experiment?

First, take two or three risky strategies.

Next expose them to a series of shocks.

Then wait several years to see which strategy survives.

Why does the banker get the bailout and the merchant goes bankrupt?

Why does the banker get the bailout and the merchant goes bankrupt?

Because systemic risk is not a justice-based possiblitity and the amount of debt determines on who the sky will fall (the bigger the debt the less chance to fall).

Why we are in an unknown environment?

Why we are in an unknown environment?

Because the whole society has turned into a "perfect" system

in hands of an alien power that has nothing to do with you.

What is the best way of wasting your time?

What is the best way of  wasting your time?

Doing things everybody does.

Why economic growth doesn’t raise living standards in the U.S.?

Why economic growth doesn’t raise living standards in the U.S.?


Because higher inequality is the dynamic of the American system and the middle and working classes are no longer the driver of growth in the United States.

Why there is no price inflation in the U.S.?

Why there is no price inflation in the U.S.?

Because new created fiat money stops in the first receivers, financial institutions, and the CPI (consumer price index) doesn’t reflect the prices of goods and service sold by the first receivers.

How to be the world’s most prosperous economy?

How to be the world’s most prosperous economy?

Allowing the interest rate to find their own market level.