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Greg Mankiw on Bond Returns

…formal default. But over the following 35 years they lost money in real terms at a rate of 2% a year. The cumulative real loss was 91%. By that standard,…

Trump Is Making the Same Mistake that Clinton Did: He’s Already Ignoring Working-Class Rust Belt Whites. Progressives Need to Start Illustrating This by Highlighting His Planned Court and Cabinet Nominees. Now.

…adviser, and issues related to the emails inevitably stripped away any uptick in Clinton’s favorable ratings. — Inside the Loss Clinton Saw Coming: Publicly they seemed confident, but in private…