Sudip Bandyopadhyay’s Blog

It looks as though the international financial crisis has now given way to the international economic crisis that it caused.  Japan gives the best evidence.  Japan’s banks did not, as a rule, load up on toxic US mortgage debt.  Yet the crisis affected the country deeply.  For many years while leverage was easily available, the [...]

There’s a joke about a man unable to get to sleep while staying at a hotel in Las Vegas.  He goes down to the roulette table, puts $5 on black and wins. He keeps betting and rides an amazing streak, finally holding well over $1m in chips. Deciding to trust Lady Luck one last time, [...]

The small but smart mouse usually outwits the large but dim cat in the endless game of chase between Tom and Jerry.  Occasionally, though, Tom’s energy and determination allow him to win, but the victories in the cartoons are usually only fleeting.  Tom rarely makes a long-term plan, and his reactive strategy allows Jerry to [...]