The Hermit, The Star and The Moon

There are 3 related Tarot cards, linking darkness with a light.

The first one is the Hermit, the lone wanderer in the darkness, who is guided by his light. He symbolizes the process of learning through own experience, illuminating the irrational darkness around us with the light of his mind.

After the fall brought by the (ivory) Tower of our mind (structure, created by the previous card in the deck) one is left in darkness again. This time it is not the own light that illuminates the path, but a guiding star. A heavenly body, whose existence does not depend on us in the same way it does with light of the Hermit. The Star symbolizes inspiration(breath in), a breath of life from the previous destruction (breath-out). This impersonal guide symbolizes the ray of hope, the eyes  that perceive the greater design.

Following the Star, comes the Moon. While the light of the Star is sharp, the one of the Moon is revealing shadows and shapes. The Moon is a universal symbol of irrationality, the emotional nature (in astrology), female fecundity (in numerous mythologies). The Moon has many veils of illusion (linking it to the astrological Neptune), and yet it can also reveal a world of beauty. Now I understand why in the Crowley Deck it has been assigned the sign of Pieces.

These 3 cards offer 3 faces of light in the darkness. Personal, impersonal and irrational. Once your mind illuminates your path, you get a personal sign of destiny, yet part of a something greater, and then you face the irrational aspects of your self.


Hello world:)

Aspiring to become a real intellectual, a not-so-pseudo-economist, I find  that thinking is hard.

Readers of articles don’t think. As an author, I find it really hard to think – which you can observe from the coherence of the previous sentences.

Practice makes the master, an 8 of pentacles struggle.




On this link an explanation why Greece should not fail.

Failing is going to be a very economic domino effect. However, it only highlights the structural Greek problems – accountability. Even if they adopt again the drahma they are going to have a surge of prices because of the necessary inflation to reduce the cost of the debt. They will cry a lot – drahma or euro.

They have to rise accountability, they have to get interested in the way economics works, they need to cultivate an ever-growing interest in how the government works with money. We all need to do it.

As Greenpeace  puts it – bearing witness to something illegal doesn’t stop it from continuining. We need first to be witnesses and then to do something.

Arabian Spring

The Arabian Spring blows the wind of change.

Some analyses have highlighted how shaken are the worlds of the Arabian Elite, among them, the jewel of Bahrain.

This instance I find particularly despicable



And some other things pass unobserved just because the listener has learned to zap out of the phrase “Middle East peace talks”. Gaza unemployment levels ‘among worst in world’

What is 50% unemployment? The white man shivers with financial volatility and crisis, and someone out there in the Middle East struggles to find a living, not to get his brain blown out, or just fights for a better world.


We, economists, just love variation. Just give me a data set where all the variables have a bounded variance and a stationary path, and the dorky joy I would get can be only equal to the one I would have gotten 12 years ago if I had turned into Rogue of X-men.

Finance guys call it volatility. Anyone can call it what he wants, there is only one true name for it – Love;-)

In the personal lives of people, however, variance is not always a good phenomenon.  I think it’s a source of growth.