A Quick and Dirty Primer on Chaos Theory

“If the flap of a butterfly’s wings can be instrumental in generating a tornado, it can equally well be instrumental in preventing a tornado.” -Edward Lorenz Interesting to consider, no? Pop culture is very familiar with the adage about a butterfly’s wings flapping in...

A Guide to Social Security

PART I: WHAT IS SOCIAL SECURITY AND HOW DOES IT WORK? Established in 1935 by President Franklin D. Roosevelt’s New Deal, Social Security is a comprehensive federal program designed to provide American workers and their dependents retirement income, disability income,...

The Louisiana Purchase and the Birth of American High Finance

The four most powerful words in the universe of bonds are “full faith and credit.” These words apply to government Treasury bills, notes, and bonds whose timely interest and principal payments are backed by an unconditional guarantee from the United States Government....