Amidst the general hedge fund-collapsery all around us, now’s the time to refresh your memory about the unhappy case of Long Term Capital Management, which imploded in 1999. And where better to do so than with Michael Lewis’s masterly account of it in the New York Times…
Let’s make climate a culture war!
If the politics of climate change end up polarised, is that so bad? No – it’s disastrous. Or so I’ve long thought. Look at the US – where climate is even more polarised than abortion. Result: decades of flip flopping. Ambition under Clinton; reversal...
