A Puritan Sin: US and now German Surplus Addiction
International monetary economics is a big turn-off for many readers. There are hardly any articles on the subject in the press (it doesn’t sell newspapers, most finance journalists don’t understand it well enough to write about it authoritatively and it mostly concerns gradually shifting imbalances rather than newsworthy events). The few articles that do appear
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Allocating More to Perceived “Risky” Private Emerging Markets to Reduce Risk
Ever since Jevons and the marginal revolution in economics in the late nineteenth century there have been enormous benefits from quantitative techniques in economics and finance. Critics have warned, though, of the associated tendency to over-emphasise the importance of the measurable as compared to what is immeasurable or simply not measured. A high degree of
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One Hundred Days of Presidential Tweets
One hundred days into the Trump Presidency and his supporters are delighted. He continues to focus on the issues they hold dear, and most blame Congress rather than the Administration for the failure to repeal Obamacare. Interestingly, though, many are irritated by his un-presidential use of Twitter. Yet that – his constant and direct communication
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