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Thomas Zaslavsky Professor
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"The attention of an appreciative public is called to the proper spelling of the name -B-i-n-g-h-a-m-t-o-n- because certain illiterate and evil disposed persons, notably the inhabitants of Elmira, tantalize and vex the souls of ardent Binghamtonians by wantonly interpolating the letter 'p' ..."
To the Editor:
By means of two legal fictions, that corporations are people and money is speech, the Roberts court has turned America from a democracy to a plutocracy.
To the Editor:
Why is everyone up in arms about the recent Supreme Court decision allowing corporations unfettered monetary access to the American election process? To me this is a golden opportunity, as now our elected officials can sell corporate naming rights to their seats.
The junior senator from North Carolina? He or she is now the Bank of America senator. The senior senator from Alaska could be the Exxon senator.
The politicians may never have to fund-raise again! Think of all the time that will save to actually legislate.
Tax exemptions for privileged groups brought high taxes on industry and agriculture, and emigration increased.
As bankers demanded that new regulation should not stifle innovation, a clearly irritated Mr Volcker said that the biggest innovation in the industry over the past 20 years had been the cash machine. He went on to attack the rise of complex products such as credit default swaps (CDS).
"I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth -- one shred of evidence."
...
Meanwhile, George Soros argued that CDS should be banned. The billionaire investor likened the widely traded securities to buying life assurance and then giving someone a licence to shoot the insured person.
"They really are a toxic market," he said. "Credit default swaps give you a chance to bear-raid bonds. And bear raids certainly can work."
Past quotations of the month.
A list of published and selected unpublished works.
A list arranged by topics.
Combinatorics, especially matroids, arrangements of hyperplanes, and the topic to which I devote most of my attention, signed graphs and their relatives: see
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