Melvyn Bragg and guests discuss Miguel de Cervantes’ 17th century novel, Don Quixote. Published four hundred years ago in Madrid, the book was an immediate success and recognised as one of the classic texts of Western Literature, revered by writers such as Sterne, Goethe, Flaubert, Dostoevsky, Kafka and Melville. Don Quixote tells the story of…
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Kviabryggja Prison in western Iceland doesn’t need walls, razor wire, or guard towers to keep the convicts inside. Alone on a wind-swept cape, the old farmhouse is bound by the frigid North Atlantic on one side and fields of snow-covered lava rock on another. To the east looms Snaefellsjokull, a dormant volcano blanketed by a…
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This is beyond brilliant…..go back to a time when humans actually did something amazing. Click here
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A profound failure of an industry to adapt – click the image below for the full story. For a good look at the role adaption plays in corporate life I would recommend Tim Harfords book Adapt. More here – The Wall Street Journal
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In the late 1940s, the United States air force had a serious problem: its pilots could not keep control of their planes. Although this was the dawn of jet-powered aviation and the planes were faster and more complicated to fly, the problems were so frequent and involved so many different aircraft that the air force…
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Terry Jones presents Boom Bust Boom. The result of a meeting between writer, director, historian and Python Terry Jones and economics professor and entrepreneur Theo Kocken. Co-written by Jones and Kocken and featuring John Cusack, Nobel Prize winners Daniel Kahneman, Robert J Shiller and Paul Krugman, the film is part of a global movement to…
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LB showed me an email she received the other day that contained a chart of the All Ords purporting to show that the markets long term support had held. The only problem with this chart was that it had more lines on it than the ancient carvings at Nazca. This is the default setting of…
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Science and medicine have done a lot for the world. Diseases have been eradicated, rockets have been sent to the moon, and convincing, causal explanations have been given for a whole range of formerly inscrutable phenomena. Notwithstanding recent concerns about sloppy research, small sample sizes, and challenges in replicating major findings—concerns I share and which I…
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So I am sitting in the pointy end of an old Ansett bus waiting to be ferried back to Melbourne. A few hours earlier I had been wandering around the offices of a very large and well known Sydney based broker. They had flown me up to talk about setting up a derivatives trading desk. Apparently,…
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