Who Really Pays? The Hidden Truth of Corporate Tax IncidenceI’m kind of fed up with nonsense of which there is a daily barrage from both the left and the right. This is another one of my posts about…5d ago5d ago
A perfectly efficient market cannot be a meritocracy!Imagine a marketplace so perfect, every scrap of knowledge, every rumor, every insider tip is instantly baked into asset prices. This is…Apr 21Apr 21
Bell’s Inequality: Why Reality is Weirder (But Not Woo-Woo-er) Than You ThinkThe Death of Local RealismApr 14Apr 14
There is no such thing as a particle!Last week, I wrote for y’all that quantum mechanics is nowhere near as bewildering and mysterious as people claim. Now this week, I am…Apr 72Apr 72
Is quantum mechanics really bewildering and mysterious?It’s really not all that complicated. In classical mechanics, we write down a mathematical formula called a Lagrangian. This formula…Mar 31Mar 31
If we are a PART of the universe, how can we understand the WHOLE?Everything in existence emerges from the arrangement of fundamental building blocks: atoms. Atoms themselves are an arrangement of…Mar 24Mar 24
What is mass?What Is Mass? Mass can seem like a simple idea: it’s “how much stuff” something has. This is encoded in the famous equation of Newton’s…Mar 17Mar 17