…financial flows led to the Asian crisis of 1997-98 and the global financial crisis of 2008-09, while their impact on growth is slim at best. The IMF has renounced its…

…way. We use the discounted cash flow model not some discounted profits model and anyone who knows anything about basic financial modeling realizes that cash flows equal profits minus the…

…in order to participate in the U.S. MBS markets found themselves exposed when dollar funding was no longer available. The gross flows of money between the U.S. and Europe increased…

…that industry remained nationalized. After several years the Chicago Boys were sent away and more moderate policies, including a reimposition of controls on foreign capital flows, the economy did grow…

…pretend owners of property should discount cash flows at the risk-free rate, which reminds me of that book by James Glassman and Kevin Hassett entitled DOW 36000. Never mind having…

…in order to disseminate it. We live in a world of greatly increased information flows, where a false news report can and will be contradicted within minutes by someone in…

by Joseph Joyce (lifted from Capital Ebbs and Flows) Partners, Not Debtors: The External Liabilities of Emerging Market Economies My paper, “Partners, Not Debtors: The External Liabilities of Emerging Market…

  Econospeak (Barkley Rosser, pgl, Peter Dorman, Tom Walker) is in the financial section along with Bonddad blog (New Deal democrat) and Capital Ebbs and Flows (Joseph Joyce), and I…

…the Mexican economy which will be hurt by these tariffs. And if employment prospects decline in Mexico, this will likely increase the immigration flows from Mexico. So Trump’s latest insanity…

…responds to interest rates except through the effect of interest rates on final demand which affects the return on capital and free cash flows. Nor are home improvements all that…