…some role, but I’m not convinced that China’s demand has changed that much in the past few months.) If the increased risk premium is indeed the principal cause of the…
You searched for: label/principal-agent problem
…codenamed “Iraqi Freedom,” and now the current operations in and around Fallujah are codenamed “Vigilant Resolve.” It’s a codename, not an explanation, statement of principal, or bumper sticker slogan. In…
…advisor…The National Security Council is the President’s principal forum for considering national security and foreign policy matters with his senior national security advisors and cabinet officials. The CIA advises the…
UK Territories to sign OECD Tax Info-Sharing Agreement, Reveal Beneficial Owners
…banks and corporations. As many as 18,000 corporate offices are located in mailboxes in a three-story building in the Caymans, all with a few Cayman laywers as their principal directors….
The Fundamental Principle That States Are People, My Friend
…states where the rich are concentrated. Thanks to Congress, the Environmental Protection Agency can single out states with serious pollution problems, the Justice Department can keep an eye on states…
Permanent income hypothesis
…implies a relationship between expected future growth and the level of consumption. Keynes’ clearly stated hypothesis was that expected future aggregate growth was negligible The principal objective factors which influence…
Cruz, Tea Party, Hostage-Taking Budget Tactics (and the IRS)
…the patent-medicine folks. Newsmax, a principal Tea Party news organ, is filled daily with claims about cures for everything from diabetes to Alzheimer’s. Charles J. Reid, P.T. Barnum, Joe McCarthy,…
Bluffing??
…problem with hoping for this, other than hope not being a plan, is that Boehner won’t cave till the last minute (he has made that clear) and may not correctly…
More on the default
…who gets paid does exist, if only on a broad basis”. Strategists and other observers have given conflicting accounts over whether prioritising interest and principal payments on Treasuries is possible….
Social Security: the Shape of Solvency
…of 0%. Which is to say a Trust Fund with no remaining principal. Now under a Pay-Go system where all or most benefits are paid from current revenue, or in…
