by John E. Charalambakis | Nov 26, 2024 | Commentaries
The US government recently won its case of alleged monopolization against Google. Probably the government’s argument can be better understood as a case of a monopoly within an oligopoly (given that only 3-4 search engines dominate web searches). Should we expect the...
by John E. Charalambakis | Nov 4, 2024 | Commentaries
I was about to fill out my ballot at an early voting station last Friday when Homer nudged me: “Do you recall the island of Ismarus?” “Of course, I do”, I replied. It was after leaving Troy. “Didn’t the troops sack the city in Ismarus and take the spoils for...
by John E. Charalambakis | Oct 22, 2024 | Commentaries
In 1632, Galileo got permission from the Florentine censors (of the infamous Inquisition era) to publish his findings under the pretense of a hypothesis. The form of the book was a three-way dialogue among Salviati (a disguised Galileo), Sagredo (an open-minded...
by John E. Charalambakis | Oct 1, 2024 | Commentaries
Vienna in the 1920s became the center of logical empiricism, which crowned rational knowledge and scientific discoveries as the primary sources of discovering truths and advancing progress. Just in the last four weeks, the market has experimented with new highs in...
by John E. Charalambakis | Sep 10, 2024 | Commentaries
What does the sharp fall over the course of a few days of tech-oriented stocks – as reflected below – represent? The Nasdaq dropped by 5.8% between September 2nd and September 6th, and several analysts pointed out that weak economic data may point to an imminent...