Monthly Archives: October 2017

Excited headlines this week point out that after rising some 26% in the past 12 months, Japan’s Nikkei 225 stock index hit a 21 year high, rebounding to just under 21,000. The below chart of the Nikkei since 1990 shows … Continue reading →

For decades, the financial industry has insisted that it is a crucial engine to economic prosperity by increasing access to credit and ‘investment’ opportunities.  Widespread acceptance of this narrative by governments and individuals alike, has led to decades of increasingly … Continue reading →

To be sure, great opportunity and privilege do not necessarily lead to successful lives, nor do hardship and strife necessarily lead to under-achievement. There are outliers on all sides. And different people rightly have different ideas of what achievements are … Continue reading →