Sumner is Now More Wrong
…policy – exactly how long has Japan’s interest been about zero? So shouldn’t Japan count as a loss in Sumner’s book? But that’s trivial. A bigger problem is that Argentina’s…
…policy – exactly how long has Japan’s interest been about zero? So shouldn’t Japan count as a loss in Sumner’s book? But that’s trivial. A bigger problem is that Argentina’s…
…to lose his job this season, following Utah Sen. Bob Bennett’s failure to get the GOP nomination in his state and Democratic Rep. Robert Mollohan’s primary loss in West Virginia……
…tax whatsoever, from a combination of accelerated depreciation, loss deduction carryovers, and other “tax expenditures” that act to reduce their taxes (such as the many items in the Code that…
…In 2013, Medicaid payments for primary care doctors will be raised to match Medicare payments. A popular message to seniors is the loss of their personal doctors and care as…
…bearing to people who are unusually tolerant of risk in general. 3. Insurance: people who are holding a lot of one big risk can reduce the risk of catastrophic loss…
…So what is the be all and end all policy script? Regain competitiveness in world markets, no less. The Economist on Portugal: Low growth reflects a disastrous loss of competitiveness…
…loss of all value of the equity tranche and using the rest of the cash flow to invest in CDSs of similar CDOs which they didn’t sponsor. I think they…
…press for these changes. Why? Because that change would force banks to acknowledge losses that they can currently hide with “level 3” mark-to-market valuations and admit deeper losses than they…
…if the price does not rise, the speculator must either hold onto the asset or sell for a loss. If the speculator chooses to sell, this will add to the…
…afforded them and made some foolish choices along the way that came back to haunt them. Yet if the sudden loss of affluence – and perhaps more important, a sudden…