…the banking system for centuries in order to maintain the flow of trade). One impact of the at least perceived relative scarcity of rice (in nations whose populations that rely…

…Security ‘crisis’ then and now tended to be perceived and discussed within the deterministic frame of Boomer Retirement, kind of a ‘demography makes destiny’ thing. Every Boomer who would ever…

…coverage) is Socialism and/or two that Social Security (and Universal Health Care) if perceived to be successful are political winners for the Democrats for possibly decades to come. In practice…

…derivatives (bankruptcy in the case of CDSs) will be a very painful shock. The fact that the total supply of derivatives is zero doesn’t mean that the total perceived expected…

…of the sky. They are created because of a perceived need for regulation. A type of firm might be lightly regulated because of neglect. If so, relatively good performance by…

…that are not so liquid can lead to cash flow mismatches in the best of circumstances. Attempting to arbitrage a perceived opportunity between a long-term obligation and a similar short-term…

…expect the imminent weakening of U.S. accounting rules, discussed here and here, to produce a higher equity premium?* If so, there are two possibilities. Either, the firms are perceived to…

…perceived market manipulation probably did not occur. Why do gasoline prices display a different seasonal pattern in presidential election years? Most people know that gas prices have a seasonal pattern…

…that average != marginal. I think Jasper really doesn’t understand that, but it could be that he assumes that the windfall part will be a fraud and will be perceived…

…voting public and policymakers would be up in arms. Yet, perhaps because health care is largely perceived as a private-sector concern, there is relative quiet: while voters tell pollsters that…