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<channel>
	<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>
	<pubDate>Tue, 18 Nov 2008 14:14:37 +0000</pubDate>
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			<item>
		<title>the physics of failure</title>
		<link>http://www.freedom24.org/rationalpost/2008/11/18/the-physics-of-failure/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/11/18/the-physics-of-failure/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 14:14:37 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=415</guid>
		<description><![CDATA[(Faith in the underlying mechanics of portfolio theory and market efficiency has certainly contributed to humanity&#8217;s greatest leap forward in wealth, productivity, private innovation, and global integration. But that same numerology has since crippled our aging financial system and triggered the worst global recession in nearly a century. Perhaps it&#8217;s time to reassess the value [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/11/18/the-physics-of-failure/feed/</wfw:commentRss>
		</item>
		<item>
		<title>a great depression</title>
		<link>http://www.freedom24.org/rationalpost/2008/11/16/a-great-depression/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/11/16/a-great-depression/#comments</comments>
		<pubDate>Sun, 16 Nov 2008 16:49:39 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[History &amp; Society]]></category>

		<category><![CDATA[In Other Words]]></category>

		<category><![CDATA[crisis]]></category>

		<category><![CDATA[depression]]></category>

		<category><![CDATA[economics]]></category>

		<category><![CDATA[finance]]></category>

		<category><![CDATA[history]]></category>

		<category><![CDATA[society]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=393</guid>
		<description><![CDATA[(&#8221;Despite its severity, we believe that the slump in stock prices will prove an intermediate movement and not the precursor of a business depression&#8230;&#8221; These words of misguided wisdom from the Harvard Economic Society on November 2, 1929 illustrate once again that optimism in the strength and resilience of the capital markets among its academic [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/11/16/a-great-depression/feed/</wfw:commentRss>
		</item>
		<item>
		<title>oh canada</title>
		<link>http://www.freedom24.org/rationalpost/2008/11/13/oh-canada/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/11/13/oh-canada/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 00:36:38 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=396</guid>
		<description><![CDATA[(Currently the envy of Hank Paulson and virtually every Finance Minister around the globe, Jim Flaherty describes how the world&#8217;s leading middle-power managed to side-step most of the financial devastation that&#8217;s haunting global financial markets, and what the world can learn from its sure-footed path&#8230;)
&#8220;Boring&#8221; Canada&#8217;s Financial Tips for the World
The following guest column by [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/11/13/oh-canada/feed/</wfw:commentRss>
		</item>
		<item>
		<title>harvard and the economy</title>
		<link>http://www.freedom24.org/rationalpost/2008/11/10/harvard-and-the-economy/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/11/10/harvard-and-the-economy/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 01:20:01 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[History &amp; Society]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=388</guid>
		<description><![CDATA[(As institutions around the world tighten their belts in response to the coming economic storm, we can only glimpse from their preparations the full breadth and depth of of &#8220;The Great Correction&#8221; and the many ways capital markets dictate the rules in our daily lives&#8230;)
To Harvard Faculty, Students, and Staff:
I write today about the global [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/11/10/harvard-and-the-economy/feed/</wfw:commentRss>
		</item>
		<item>
		<title>the 44th president</title>
		<link>http://www.freedom24.org/rationalpost/2008/11/05/the-44th-president/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/11/05/the-44th-president/#comments</comments>
		<pubDate>Wed, 05 Nov 2008 15:48:40 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[History &amp; Society]]></category>

		<category><![CDATA[In Other Words]]></category>

		<category><![CDATA[Politics &amp; World Affairs]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=384</guid>
		<description><![CDATA[(While the world comes to terms with yesterday&#8217;s historic call for change, Nouriel Roubini and his team have pulled together a laundry list of the many great challenges that lie ahead&#8230;)
Barack Obama, the 44th President of the United States
RGE Monitor
The 2008 U.S. Presidential election was historic itself owing to the candidates’ profile. But the timing [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/11/05/the-44th-president/feed/</wfw:commentRss>
		</item>
		<item>
		<title>seven deadly sins</title>
		<link>http://www.freedom24.org/rationalpost/2008/10/28/seven-deadly-sins/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/10/28/seven-deadly-sins/#comments</comments>
		<pubDate>Tue, 28 Oct 2008 19:37:08 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=379</guid>
		<description><![CDATA[
]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/10/28/seven-deadly-sins/feed/</wfw:commentRss>
		</item>
		<item>
		<title>how to close a hedge fund</title>
		<link>http://www.freedom24.org/rationalpost/2008/10/21/how-to-close-a-hedge-fund/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/10/21/how-to-close-a-hedge-fund/#comments</comments>
		<pubDate>Tue, 21 Oct 2008 16:23:15 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=374</guid>
		<description><![CDATA[(Few people will escape from this crisis with enough reputability to scream &#8220;I told you so&#8221; at the top of their lungs like hedge fund neophyte Andrew Lahde. In this epilogue to his one year experiment in asset management – during which time his fund returned 866% betting on the subprime collapse – he rails [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/10/21/how-to-close-a-hedge-fund/feed/</wfw:commentRss>
		</item>
		<item>
		<title>the &#8220;bailout&#8221;</title>
		<link>http://www.freedom24.org/rationalpost/2008/10/12/bailout/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/10/12/bailout/#comments</comments>
		<pubDate>Sun, 12 Oct 2008 20:24:56 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=369</guid>
		<description><![CDATA[(As finance ministers from around the world congregate in Washington D.C. this weekend, various &#8220;solutions&#8221; will be floated that either compliment, contradict, or completely ignore America&#8217;s best efforts to fix its broken banking system. Coordination will be critical to preventing a protracted global recession, and Paulson and Bernanke&#8217;s ambitious plan – as examined below by [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/10/12/bailout/feed/</wfw:commentRss>
		</item>
		<item>
		<title>sanity check</title>
		<link>http://www.freedom24.org/rationalpost/2008/10/11/sanity-check/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/10/11/sanity-check/#comments</comments>
		<pubDate>Sat, 11 Oct 2008 04:42:26 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=226</guid>
		<description><![CDATA[(Words of cautious wisdom from the celebrated biographer of risk, back in November of 2007&#8230;)
Crazy Little Thing Called Risk
By PETER L. BERNSTEIN
BACK when I was managing other people’s money, I had a client, a doctor, who enjoyed giving away money to his daughters. He was lucky, because an extended bull market was under way with [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/10/11/sanity-check/feed/</wfw:commentRss>
		</item>
		<item>
		<title>the view from 1929</title>
		<link>http://www.freedom24.org/rationalpost/2008/10/06/the-view-from-1929/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/10/06/the-view-from-1929/#comments</comments>
		<pubDate>Mon, 06 Oct 2008 14:34:34 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[History &amp; Society]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=308</guid>
		<description><![CDATA[(&#8221;Spectacular episodes in financial history&#8221; come about more often than we might expect, and certainly more often than we remember. Harvard economist John Kenneth Galbraith wrote a brilliant primer on financial speculation in the early 1990s, suggesting that our memory for financial disaster was far more limited than our intelligence might otherwise suggest: 
&#8220;Built into [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/10/06/the-view-from-1929/feed/</wfw:commentRss>
		</item>
		<item>
		<title>the great black north</title>
		<link>http://www.freedom24.org/rationalpost/2008/10/03/the-great-black-north/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/10/03/the-great-black-north/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 05:05:07 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[In Other Words]]></category>

		<category><![CDATA[Politics &amp; World Affairs]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=310</guid>
		<description><![CDATA[(As Canadians flock to the polls later this month, quietly supplying 22 percent of America&#8217;s oil and 13 percent of its natural gas, its neighbours to the south have barely noticed. Cross-border oil flows are inevitable – given that America controls of a mere 2% of the world&#8217;s oil reserves and consumes almost 25 percent [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/10/03/the-great-black-north/feed/</wfw:commentRss>
		</item>
		<item>
		<title>an extraordinary episode</title>
		<link>http://www.freedom24.org/rationalpost/2008/09/16/an-extraordinary-episode/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/09/16/an-extraordinary-episode/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 01:47:50 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[History &amp; Society]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=293</guid>
		<description><![CDATA[(Reflections on the first era of true globalization, complete with bountiful trade, unparalleled upward mobility, liquid labor markets, secure international travel, and a blissful ignorance of the fragility of this new 20th Century World Order&#8230;)
Excerpt from Economic Consequences of the Peace by John Maynard Keynes, 1919
What an extraordinary episode in the economic progress of man [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/09/16/an-extraordinary-episode/feed/</wfw:commentRss>
		</item>
		<item>
		<title>the elusive bottom</title>
		<link>http://www.freedom24.org/rationalpost/2008/09/07/the-elusive-bottom/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/09/07/the-elusive-bottom/#comments</comments>
		<pubDate>Sun, 07 Sep 2008 20:12:29 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=271</guid>
		<description><![CDATA[(Even market cheerleaders are struggling to find good news to rally around these days. With labor, capital, finance, real estate, and consumer markets all reeling from a half-decade of credit-fueled gluttony, and commodities markets cresting near all-time highs, it might seem a bit clichéd to highlight yet another bearish commentator — unless that bear is [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/09/07/the-elusive-bottom/feed/</wfw:commentRss>
		</item>
		<item>
		<title>four one nine</title>
		<link>http://www.freedom24.org/rationalpost/2008/07/05/nigerian-419-scheme/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/07/05/nigerian-419-scheme/#comments</comments>
		<pubDate>Sat, 05 Jul 2008 14:29:48 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[History &amp; Society]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=247</guid>
		<description><![CDATA[(See below for yet another in a series of elaborate digital frauds. Somewhat surprising is the considerable improvement in grammar and argument – it may even have been written by a native English speaker. Not surprising is the use of a decade old framework – the Nigerian 419 scheme – to lure unsuspecting Westerners into [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/07/05/nigerian-419-scheme/feed/</wfw:commentRss>
		</item>
		<item>
		<title>treadmill economics</title>
		<link>http://www.freedom24.org/rationalpost/2008/06/20/sachs-treadmill-economics/</link>
		<comments>http://www.freedom24.org/rationalpost/2008/06/20/sachs-treadmill-economics/#comments</comments>
		<pubDate>Fri, 20 Jun 2008 15:28:46 +0000</pubDate>
		<dc:creator>The Editor</dc:creator>
		
		<category><![CDATA[Finance &amp; Economics]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[In Other Words]]></category>

		<guid isPermaLink="false">http://www.freedom24.org/rationalpost/?p=245</guid>
		<description><![CDATA[(It&#8217;s no surprise that financial crises – like intercourse, pro sports, and agriculture – run in alternating cycles of boom and bust. Classical economic theory suggests that such cyclicality can be overcome through innovations in resource use, factor productivity, and leverage. Classical history suggests otherwise. In the following rant, celebrity economist Jeff Sachs tackles the [...]]]></description>
		<wfw:commentRss>http://www.freedom24.org/rationalpost/2008/06/20/sachs-treadmill-economics/feed/</wfw:commentRss>
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