Image via Wikipedia
Found a cool
economic word generator site today. There are tons of them, but this one seemed immediately useful considering the economic
climate we are in. I had just read an article in
Wired about
David X. Li's
Gaussian copula function, and its incredible mis-use by the
securities industry. It made me wonder, if someone threw my ridiculous, made-up term into conversation how many financial experts would claim to know what it means.
In other news, I just checked my feed reader, and the BBC just posted:
The world's youngest billionaires lose one-third of their wealth. How sad.
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