- I received my tax refund Friday! Whoo hoo! And just in time, as I was down to my last 15 bucks or so, with days to go until payday.
- On the same day, two of my (non-academic) friends posted to FB that they had lost their jobs. Both of these have children under three years of age. One recently (after much discussion) uprooted his young family, leaving his parents and lifelong friends, to take the job that he just lost through no fault of his own.
- Turns out that Goldman-Sachs is in part to blame for the Greek financial collapse as well. Not very surprising.
- Amidst all of this, I find myself (much to my surprise!) reading about medieval financial instruments. Did you know that, as early as the fourteenth century, cities were buying and selling shares of public debt?
Monday, March 1, 2010
Finances: Some thoughts
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Did you know that, as early as the fourteenth century, cities were buying and selling shares of public debt?
I'm not sure whether he is a respectable scholar or not, but I recently read a book by some d00d named Niall Ferguson called "Ascent of Money", which outlines the history of money and public debt. It was very interesting, although it seemed to end on a trite bogus laissez faire capitalism note.
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