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The 2024 Nobel Prize in Economics Goes To…..
The Nobel in Econ (a/k/a The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for 2024 was awarded a few days ago to Daron Acemoglu and Simon Johnson of MIT and to James Robinson of the University of Chicago. Here at Adam Smith, Esq., we try to... read more +Tales from the Client Service Front
We've had our corporate checking account with Bank of America for over 15 years. This is the story of why it's no longer there. A few weeks backI got a letter in the mail from BofA and luckily did not toss it aside unopened as very-likely-spam. It announced that our...
Fun With Numbers: Global Edition
ALM recently released its “2021 Global 200” law firms. (The “2021” rankings reflect FY 2020 results, as is ALM’s somewhat perverse custom.) These are, by their count, the largest 200 firms in the world by revenue. They also released the “2021 Global” firms ranked...
Travel (??–!!)
A brief note from the Publisher: Apologies to all our loyal readers for not having published anything new for a few weeks, but believe it or not that's because business travel has actually been back in the calendar. (Together with all the pre-prep that entails and...
Credit Suisse and the Failure of Complex Systems
A few weeks ago, the investigation Credit Suisse commissioned Paul Weiss to undertake into how the bank's relationship with Archegos Capital Management went so wrong--inflicting $5.5 billion of losses on Credit Suisse and a total of $10-billion in losses across the...
LawLand’s Newspeak, or, Our Perversion of English
Pop quiz: What language has no words for "democracy," "science," or "religion?" While you're mulling that one over, with apologies to one of the great English language rhetoricians and bromide-busters of the 20th Century, George Orwell (1903--1950), we have often...
