…one had foreseen today’s circumstances, it would have been clear that housing was not a good investment. If one had been able to say, “In a few years, the unemployment…

…make big money on investments, you can find something other than your Social Security money to invest and risk. Then if the unthinkable happens and your investments fall through, or…

…economy. This is not a joke. First assume that the CDS market is transparent with full disclosure and mandatory trading on exchanges. We learn a lot if an investment bank…

…just one month’s worth of data; but more importantly, the data miss a critical component of the capital account, foreign direct investment. The chart above illustrates China’s one-year rolling monthly…

…sales”, and then ended up letting the houses deteriorate and selling them for much less in foreclosure sales. Made worse when we watched the bailout drama unfold, with investment banks…

…perceived to be net wealth) and crowd out investment. In the real world, public debt crowds out investment. This means that when deciding fiscal policy now, we have to forecast…

…benefits than he paid in taxes over his lifetime. … Alternately, let’s put this in terms of return on investment: the typical worker’s Medicare taxes produce an annual compound return…

…a married couple would be split equally in the case of divorce. Investment options are restricted and full annuitization is required because Social Security is meant to provide a basic…

…Romer and Romer is striking. But I find it disturbing: I don’t see why some of the channels they find are as strong as they are–the tremendously strong investment accelerator,…

…investment instrument. Which confusion is compounded by the belief that this ‘investment instrument’ was created in the course of the 1983 Reform as a temporary measure to at least in…