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	<title>the rational post</title>
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	<link>http://www.freedom24.org/rationalpost</link>
	<description>a collection of essays and articles on the science of everyday life</description>
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		<title>fuel tax</title>
		<link>http://www.freedom24.org/rationalpost/2009/06/12/fuel-tax/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/06/12/fuel-tax/#comments</comments>
		<pubDate>Fri, 12 Jun 2009 15:57:22 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=751</guid>
		<description><![CDATA[(An interesting piece of analysis via TBP about rising gas prices crowding out retail and industrial consumption. The premise is sound but fails to acknowledge the already stimulative effect of a $2.50 decline in prices from their 2008 peak&#8230;)
As if the US consumer didn’t have enough to worry about, following the DOE data, the front [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>eternal sunshine of the spotless balance sheet</title>
		<link>http://www.freedom24.org/rationalpost/2009/04/21/eternal-sunshine-of-the-spotless-balance-sheet/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/04/21/eternal-sunshine-of-the-spotless-balance-sheet/#comments</comments>
		<pubDate>Wed, 22 Apr 2009 00:23:29 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=720</guid>
		<description><![CDATA[(Noted financial blogger Barry Ritholtz comments on macroeconomic housekeeping, the unexplored links between shrinking demand and credit-starved supply, and support for commodities and commodity-linked markets/currencies once institutional capital resumes its existential search for yield&#8230;)
The Eternal Optimism of Opening Day
As we are one week removed from Opening Day, the eternal optimism this time of the year [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>politico economicus</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/27/homo-politico-economicus/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/27/homo-politico-economicus/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 16:06:40 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=704</guid>
		<description><![CDATA[(In the midst of a global financial pandemic, private enterprise finds itself under the public microscope yet again — as it did during the 1930s after a century of unbridled growth and later in the 1970s after decades of stifling regulatory oversight. With this 21st century changing of the guard, the theoretical bases for free [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>axis of upheaval</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/23/axis-of-upheaval/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/23/axis-of-upheaval/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 18:38:29 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[History & Society]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=695</guid>
		<description><![CDATA[(While many observers are still consumed by the economic complexities of the financial crisis, historians have been busy making predictions about the ominous geopolitical implications of a destabilized global economy, rising unemployment, falling incomes, and swelling ethnic tensions. Much like its individual citizens, countries in the aggregate tend to retrench in the face of uncertainty [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>multiplicity and complexity</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/19/multiplicity-and-complexity/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/19/multiplicity-and-complexity/#comments</comments>
		<pubDate>Fri, 20 Mar 2009 02:04:34 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=692</guid>
		<description><![CDATA[&#8220;The human mind cannot grasp the causes of phenomena in the aggregate. But the need to find these causes is inherent in man’s soul. And the human intellect, without investigating the multiplicity and complexity of the conditions of phenomena, any one of which taken separately may seem to be the cause, snatches at the first, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>syntax error</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/16/systemic-risk/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/16/systemic-risk/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 02:40:01 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=684</guid>
		<description><![CDATA[(Contagion could be used to describe much of the activity in the capital markets over the last 40 years, as global financial flows have accelerated, trade and capital barriers have disappeared, regulatory oversight has diminished, and financial innovation has made the packaging and sale of securities as easy as ordering a Big Mac combo. From [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>i met the walrus</title>
		<link>http://www.freedom24.org/rationalpost/2009/03/16/i-met-the-walrus/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/03/16/i-met-the-walrus/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 01:28:41 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[History & Society]]></category>
		<category><![CDATA[In Other Words]]></category>
		<category><![CDATA[Politics & World Affairs]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=679</guid>
		<description><![CDATA[(&#8221;In 1969, a 14-year-old Beatle fanatic named Jerry Levitan, armed with a reel-to-reel tape deck, snuck into John Lennon&#8217;s hotel room in Toronto and convinced John to do an interview about peace. 38 years later, Jerry has produced a film about it. Using the original interview recording as the soundtrack, director Josh Raskin has woven [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>strong arm of the lawmakers</title>
		<link>http://www.freedom24.org/rationalpost/2009/02/13/strong-arm-of-the-lawmakers/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/02/13/strong-arm-of-the-lawmakers/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 18:48:38 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[In Other Words]]></category>
		<category><![CDATA[Politics & World Affairs]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=654</guid>
		<description><![CDATA[(Few economists now doubt that private household spending and corporate investment will rescue the economy on their own. The debate now lies in the scale and scope of the government&#8217;s intervention, as the only institution with the access to capital, macroeconomic scope, and investment horizon needed to jump-start the labor market, keep production cycles from [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>stimulus maximus</title>
		<link>http://www.freedom24.org/rationalpost/2009/02/10/stimulus-maximus/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/02/10/stimulus-maximus/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 01:00:59 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=649</guid>
		<description><![CDATA[(A visual schematic of America&#8217;s stimulus dollars at work, as proposed under the recently approved House bill&#8230;)

]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>flow of funds</title>
		<link>http://www.freedom24.org/rationalpost/2009/02/06/flow-of-fund/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/02/06/flow-of-fund/#comments</comments>
		<pubDate>Fri, 06 Feb 2009 05:26:30 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=614</guid>
		<description><![CDATA[(The frightening this about this table isn&#8217;t lavish CEO pay after record bank losses, nor the 9-figure scale of the payouts, but just how closely the bailout money matches the total bonus pool in almost every case. Granted, base compensation in investment banking is nearly equivalent to the minimum wage, but there are a lot [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>synchronicity</title>
		<link>http://www.freedom24.org/rationalpost/2009/02/01/synchronicity-panic-financial-crisis/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/02/01/synchronicity-panic-financial-crisis/#comments</comments>
		<pubDate>Sun, 01 Feb 2009 15:58:15 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[History & Society]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=587</guid>
		<description><![CDATA[(This TED talk by mathematician Steven Strogatz &#8220;shows how flocks of creatures (like birds, fireflies and fish) manage to synchronize and act as a unit &#8212; when no one&#8217;s giving orders&#8221;. The parallels to market behavior and financial panic are implicit but obvious. We often perceive of our decisions during a crisis as unique and [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>the great experiment</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/25/the-great-experiment/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/25/the-great-experiment/#comments</comments>
		<pubDate>Sun, 25 Jan 2009 17:07:03 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=566</guid>
		<description><![CDATA[(For nearly a quarter century, Milton Friedman&#8217;s monetarists and their acolytes at the Federal Reserve have pursued American prosperity on the assumption that the sheer quantity of money in the economy, along with the degree to which it turns over annually, are the principal levers shaping macroeconomic fundamentals. For the better part of the 20th [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>black (scholes) hole</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/22/wall-street-black-hole-option-pricing/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/22/wall-street-black-hole-option-pricing/#comments</comments>
		<pubDate>Thu, 22 Jan 2009 16:36:18 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=583</guid>
		<description><![CDATA[(Scientists and market commentators have long been aware of the susceptibility of the markets to any single investment philosophy. The rise of early program trading contributed to the historic one-day loss of nearly 23% on Black Monday in 1987, and later experiments with the seemingly innocuous yen-carry trade and more broadly the bundling of leverage [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>the end of wall street</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/16/the-end-of-wall-street/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/16/the-end-of-wall-street/#comments</comments>
		<pubDate>Sat, 17 Jan 2009 00:15:04 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=544</guid>
		<description><![CDATA[(The past, present, and future of Wall Street according to its official biographer&#8230;)
What Happened

Why It Happened

What Happens Next

]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>underground economies</title>
		<link>http://www.freedom24.org/rationalpost/2009/01/15/underground-economies/</link>
		<comments>http://www.freedom24.org/rationalpost/2009/01/15/underground-economies/#comments</comments>
		<pubDate>Thu, 15 Jan 2009 22:07:48 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
				<category><![CDATA[Finance & Economics]]></category>
		<category><![CDATA[History & Society]]></category>
		<category><![CDATA[In Other Words]]></category>
		<category><![CDATA[The Middle East]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=553</guid>
		<description><![CDATA[(The existence of black markets in virtually every economy on the planet is a testament to human resourcefulness and natural entrepreneurship. For those that are building tunnels under Gaza&#8217;s border with Egypt, $100,000 and a few months work can generate up to $10,000 a day in fees, and help to provide critical supplies and less [...]]]></description>
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