The Zeitgeist

Pleased to Meet You, Hope You Guess My Name

By Ben Hunt | January 22, 2020

The Drum Major Instinct

By Rusty Guinn | January 20, 2020

The Church of the Long Now

By Ben Hunt | January 17, 2020

That Which We Call a Law School

By Rusty Guinn | January 16, 2020

Shot, Chaser

By Ben Hunt | January 13, 2020

Alpha/Beta Amnesiacs

By Rusty Guinn | January 10, 2020

An Experiment

By Rusty Guinn | January 6, 2020

Normalize This

By Ben Hunt | January 3, 2020

A Perfect Meme

By Rusty Guinn | December 31, 2019

An End to War!

By Rusty Guinn | December 17, 2019

It’s Not So Much …

By Ben Hunt | December 16, 2019

One Narrative Keeps on Trucking

By Rusty Guinn | December 9, 2019

Mailbag: By Our Own Petard

By Rusty Guinn | December 7, 2019

Presented Without Comment

By Ben Hunt | December 4, 2019

Hyakujos Fox

By Demonetized | December 3, 2019

Letter From a Birmingham Museum

The goal of most Narratives is to convince you to sit down and shut up. But every once in great while, their goal is to fight fire with fire – to make you start thinking when others are telling you to stop.

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ET In Full

The Long Now, Pt. 4 – Snip!

By Ben Hunt | December 26, 2019 | 17

The Long Now has severed the tether between taxation and spending – the most important macroeconomic policy relationship in our social lives as both investors and citizens.

Here’s what that means.

And here’s what we’re going to do about it.

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Epsilon Theory: A 2019 Retrospective

By Rusty Guinn | December 12, 2019 | 11

It is our second time now to turn the lens we apply to other news sources to our own creative output. Here is a Very Epsilon Theory retrospective on 2019.

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By Our Own Petard

By Rusty Guinn | November 20, 2019 | 11

Fiduciary standards, prudent man rules and client sensibilities compel us toward fervent pursuit of “alignment.” There’s just one little problem: we can never be aligned with our agents.

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Yeah, It’s Still Water

By Ben Hunt | October 25, 2019 | 23

You know, everyone is all in a tizzy about Softbank paying Adam Neumann $1.7 billion just to go away.

My unpopular opinion: the Adam Neumann story is repeated in a non-infuriating and non-obvious way every day in every S&P 500 company. And it’s been going on for a DECADE.

One day we will recognize the defining Zeitgeist of the Obama/Trump years as an unparalleled transfer of wealth to the managerial class.

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The Long Now, Pt. 3 – Wink

By Ben Hunt | October 17, 2019 | 12

I believe that we are on the cusp of the Long Now becoming irreversible. Or at least irreversible without a cataclysmic Fall.

Why? Because they have mastered the art of stealing our tells. At scale.

Here’s how we start to confound the stolen tells. At scale.

It won’t be noticeable at first. And then it will. And then it becomes a self-sustaining narrative. And then the world starts to change.

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Rust and Blight

By Rusty Guinn | September 11, 2019 | 7

In an orchard, it isn’t always easy to tell the difference between rust and blight. The same goes for our cultural institutions.

Some should be pruned.

Some should be ripped up root and stem.

It’s not always easy to know which. But if we want our sons and daughters to sit in the shade of our trees, we must learn.

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ET Live!

ET Live! – 1.21.2020

January 21, 2020

ET Live! – 11.19.2019

November 19, 2019

It’s the November 19th, 2019 edition of Epsilon Theory Live! Be sure to join Ben and Rusty for a discussion of all things narrative in the world of politics and markets.

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ET Live! – 10.22.2019

October 22, 2019

In which Ben and Rusty discuss the three Ps of the narrative of a functioning government – and why their cartoons are being stretched to the limit.

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ET Live! – 8.27.2019

August 27, 2019

It’s the August 27th edition of Epsilon Theory Live! In which political, economic and markets nihilism are the order of the day.

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