Leaving Goldman

“I knew it was time to leave when I realized I could no longer look students in the eye and tell them what a great place this was to work.” So says Greg Smith, until today the head Goldman Sachs’ equity derivatives business in Europe, the Middle East and Africa. Continue Reading

Punk Economics: A fun approach to the serious issue of debt

Dave Barry was a kid when the Soviet craft sputnik was launched, sending out a “bleep” through low orbit all around the world. His teacher intoned to the math class that, “From now on, you kids are going to have to learn a lot more about math and science.” Barry added, “As if it was all our fault.”

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Catching up: Low employment, Republican screwups, the national debt, and crisis in Greece

It’s well above freezing in St Paul and what little snow there was has melted away.  The High School Boys’ Hockey Tournament is starting today, so by tradition there should be one last gasp of Winter left.  But we have a change of seasons, and that’s a good time to catch up on a few of the topics that we have covered in Barataria that are always still developing.

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New world, not ordered

The stories out of Syria are utterly heartbreaking. The government of Bashar al-Assad has been shelling civilians indiscriminately in what can only be a desperate act to maintain control. Brutality has worked for the regime in the past, but this has taken it to a new level. Continue Reading

Owe the future, owe the past

Those of you who are regular readers know that one of the basic principles of Barataria is that over the long haul there are very few surprises. Great empires come and go, economies hum along and then break, and new technologies add sparkle to our lives – but people are still people. Continue Reading