Is there a quality premium anomaly ?
…to worry about. Of course, I might be wrong. For one thing I really honestly don’t know 21st century corporate bond default rates. I’m willing to bet an I told…
…to worry about. Of course, I might be wrong. For one thing I really honestly don’t know 21st century corporate bond default rates. I’m willing to bet an I told…
…the face of a semi-permanent energy crisis along with the spectre of global warming, what the world of the 21st century needs is a strong, free America. Being fiscally responsible…
…taxes lead to faster economic growth, which trickles down to everyone. Unfortunately for Larry, supply-side economics is one of those rare economic theories to have been tried in practice (the…
…the 21st century. He focuses on the difference between r, the rate of return on assets, and g, the overall rate of economic growth. When r is greater than g,…
Paul Krugman continues his illumination into the significance of a falling labor share, as he reads Thomas Piketty’s Capital in the 21st Century. Mr. Krugman rarely writes about labor share…
…most of the 20th century; we can make it fall for most of the 21st century, too. But it won’t happen without sustained pressure on politicians from electorates. So let’s…
…that’s why he uses prime age not working age, but the 21st century decline in employment to prime age population could be partly explained by more detailed consideration of demography….
…the 21st century. One could go further, of course, by adding a financial transactions tax (I hope to write about this soon) and shutting down tax havens. To return to…
…can stop viewing issues of the 21st century with a 19th- or 20th-century mentality.” Hua’s quote is in reaction to Steve Bannon’s claim that the U.S. is losing the trade…
…man of the 20th century, but we are now facing the problems of the 21st century, which demand new policies and norms.” This may well be a major factor for…