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Daily Archives: June 7th, 2009

Peonies

Stuck at home today, as my bicycle is in the hospital. The first 10 speed I ever bought cost me $100.00. Over the years they’ve grown increasingly complex and expensive. The gear levers on my current bike, which are integrated somehow with the brake lever, simply stopped functioning. I don’t even know how they work, […]

Shocking news from New London

According to the Day, New London’s new police chief, Margaret Ackley, has promised a “no-nonsense, positive approach” to her job. I was shocked to hear about it. It seems to me that the all-nonsense negative approach has not been given a fair trial. Yes, there are some who might say that New London has been […]

Efficient Markets

Joe Nocera of the New York Times penned an interesting column yesterday about the death of an economic theory called the “efficient market hypothesis”. You know what the efficient market hypothesis is, don’t you? It’s a theory that grew out of the University of Chicago’s finance department, and long held sway in academic circles, that […]