Breaking the First-Digit Law and Other Number Crimes

When the digits that appear frequently in national accounting figures, spreadsheets, and earnings reports are missing, then we can say we have suspicious numbers.

Throwback Thursday: A Look Back at the Dow

#TBT: With General Electric leaving the Dow Industrial Average, today is a perfect time to look back at Charles Dow, Eddie Jones, and the Dow that GE joined in 1896.

Why Bitcoin Is Not a Security

Asking if bitcoin is a security, a commodity, money, or property, we get a list of different answers that lead us to regulatory questions.

Greece’s New Bailout Problem

As Greek bailout talks continue, European monetary officials are also concerned that a Greek statistician could receive a life sentence for reporting accurate macroeconomic statistics.

The Mystery of the Disappearing Credit Card Signature

Soon, the credit card signature will be extinct and so too will another transaction “cost” that made spending money a little more difficult.

How Stock Markets Create Peace

Looking at voting preferences, researchers uncovered a surprising change in attitudes about Israeli/Palestinian conflict resolution from new investors.

Cupcakes and Other Notable Bubbles

Whether looking at 1637 or 2000, markets and financial bubbles always seem to find each other. As a surge in demand pushes prices up, the result resembles a bubble because it is full of air rather than value.

A Lot For a Latte?

We can get the most latte for our loot in Cairo. At the equivalent of $1.53, a Cairo tall latte is close to one-half the $3.45 price of one in the U.S. On the other hand, a tall latte in Zurich…

The Shocking Amount of Electricity That Bitcoin Consumes

Although it is a virtual currency, Bitcoin’s huge electricity consumption is very real when we consider the land, labor, and capital its computers require.

The Surprising Significance of Ping Pong

Perhaps correlated with ping pong table sales, the venture capital that goes to technology startups is concentrated in the San Francisco Bay Area and the Boston/NY/Washington D.C. corridor.