What you can do with a philosophy degree.

Philosophy majors are not getting rich, but they're able to buy enough food to allow them to sit around and ponder things.   Truth be told, philosophy majors are at the bottom of the list in starting salaries.  As someone who majored in philosophy, I found these statistics to be of interest.   In…

Continue ReadingWhat you can do with a philosophy degree.

Dan Smolin asks whether you are a victim of investment pornography.

Dan Smolin writes some persuasive posts on the topic of investing.   I'm categorizing this post under "snake oil" because of a point that Smolin repeatedly makes:  that virtually every investment professional's claim that he/she can help you beat the market is false.  Dan often does a Q&A.  Here's a…

Continue ReadingDan Smolin asks whether you are a victim of investment pornography.

There might not be a “plausible” way out of this country’s financial mess.

There might not be a plausible way out of our country's financial mess.  That's the opinion of Kevin Phillips, a former republican strategist who works as an economics commentator.  What are the main problems?  [P]hony Washington statistics and warped market measurements make it doubly hard to tell. The federal Consumer…

Continue ReadingThere might not be a “plausible” way out of this country’s financial mess.