Movies

After the film, my biggest regret was that—despite the selection of great seats—there was almost no one in the theater. And anyone who lived near me would have had to have driven 40 minutes to see it. Okay, it was a weekday evening, but my regret was that people weren’t watching this film because they were watching “Deadpool,” for example, instead. And I am among the guilty because I saw Deadpool first, though that film played much closer to home. [pullquote align=”left” cite=”” link=”” color=”” class=”” size=””]Would you let convicted murderers live in a prison with few constraints? How about letting people use drugs when and where they like?[/pullquote] Michael Moore presents ideas in a very effective way. Despite the often oversimplified and deliberately selective

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Movies

Hail, Caesar, the new Coen Brothers film, is not so much a story to enjoy as it is an experience to savor. I marvel at how in each their films the setting, costumes, and characters (actors) are impeccable. Every scene is a sublime creation. I am trying to convey the idea that you could get more from this film if you simply relish the marvel and spectacle of each scene rather than wait for some larger impact. It is not unlike walking through a gallery of masterworks; you pause before each one, feeling awe before the highest levels of Art and craft. If someone asks you later what you thought, you are likely to describe the effects on you of specific artists (or periods or

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Markets

[Note: This post is for education and entertainment only. Investment decisions should be made on the basis of suitability and risk tolerance and with the help of a professional.] Investors and planners should be aware of an important phenomenon called the “wealth effect.” The wealth effect occurs when asset prices rise, causing investors, savers, or property owners to feel wealthier. As a consequence of feeling more secure, they revise their spending and business investment budgets higher. Those higher levels then drive jobs, earnings, and asset prices still higher and the process feeds on itself. Sound simple? It is. [pullquote align=”full” cite=”” link=”” color=”” class=”” size=””] When asset prices go down, however, the wealth effect works in reverse: people don’t feel as wealthy, they don’t spend as

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Movies

Review: The Finest Hours This film is another based on a true story from the 1950s (Bridge of Spies, Brookyn). As I mentioned in an earlier post, settings in this era are very popular right now. In the Finest Hours, everyday people rise to the occasion and demonstrate the right stuff in the face of calamity and for the sake of others. I was pleasantly surprised by this film. Even though the two hours I spent watching it were not the “finest hours” I have spent in a theater, it was an enjoyable look into what is considered the most daring sea rescue in Coast Guard history. I like the way that two actors in particular showed some range. Chris Pine, who starred as a

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Markets

One of the more overrated developments of the digital revolution is the concept of “big data” or “data mining.” In the last decade, computing power and easy access to inconceivable amounts of data have combined to create the ability to find meaning in vast amounts of correlations, interpolations, extrapolations, and so forth. According to economist and scholar Dr. Horace Brock of SED, Inc., the tendency toward induction, or using data to project future trends, is a major flaw in today’s research. An example of induction (using oversimplified variables and hypothetical values) might be as follows: “In the past 100 years, we never went into recession within 12 months of having 5% unemployment, therefore, because unemployment was just 5 percent in December, our chances of recession

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