Category: Money
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How much time should you spend thinking about money?
I think about money and people all day long. It is what I do, and what I love, because that intersection is one that’s ripe for change in a very positive direction. But if your job doesn’t involve thinking about money and people all day long, how much time should…
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The false comfort of complexity
Noah Smith had a piece at Bloomberg yesterday about a paper by some economists that delved into the role of complexity in the performance of mortgage-backed securities issued between 1999 and 2007. These were the securities that found themselves at the center of the financial crisis in 2008. The paper…