One of the most thought provoking and insightful piece I have read on our ability to put ‘time in perspective’ is from Tim Urban, a prolific writer. His writings are deeply researched and often an explainer on many topics when one is trying to make sense of this world. Our ability to have a sense…
Category: History
Book: The Price of Time
“Can a history of interest rates really entertain? You bet.. To read this terrific book is to be reacquainted with the bizzaire, Alice-in-Wonderland condition of modern finance” – Marc Sidwell, Sunday Telgraph. [From the blurb on the back cover] I have been reading books on economics of all types for the last many years, as…
The Power of Narratives and Irrationality
The word ‘millionaire’ is said to have been coined in the early 1700s when many Frenchmen turned nouveaux riches with the ‘Mississippi bubble’. A period of economic boom saw the shares of Mississippi company rising, making many Frenchmen rich and Paris attracting investments, much to the envy of John Blunt, the Director of South Sea…
The Beginner’s Mind
(First published in 2016) In the 1500s, the Spanish explorer Hernan Cortes landed at Aztec empire in Mexico with a team of just 550 people. In just 4 years, the Aztec empire was ravaged. A mere 550 people subjugated an empire of millions, making Mexico a Spanish colony. Within the next 10 years, another Spaniard,…