…a heart transplant? 71? 75? 80? Or is there no upper bound? Hearts are rare and the procedure costs a lot of money. How old is too old? Or not….

…The figure 70% is not rare. I am not prominent, but that happens to be the top marginal income tax rate which I support (from nostalgia — that was the…

…and buy expensive baubles and paintings and names on opera houses, they are not being entrepreneurial, they are just consuming the income from their wealth. Even on those rare occasions…

Actual markets in the American economy are extremely rare and unusual beasts. An economics of markets ought to be regarded as generally useful as a biology of cephalopods, amid the…

…for financial markets and a few related commodity markets, markets are rare beasts in the modern economy. The actual economy is dominated by formal, hierarchical, administrative organization and transactions are…

…ridiculously rare. But the campaign is about to start, and—who knows?—he might actually deign to occasionally speak in specifics and cite facts (including statistics) in order to refute the Republican…

…go to players in the financial industry. But as Keen points out, the powers that be almost completely ignore that simple story. He quotes one of Bernanke’s extraordinarily rare mentions…

…1933, when the federal regulation of banks was put in place, to 1980, when Chicago School theories began to shape policy, bank failures were rare. During those years incomes were…

…*** Bonuses are particularly dangerous because they invite bankers to game the system by hiding the risks of rare and hard-to-predict but consequential blow-ups, which I have called ‘black swan’…

…have to put in more effort. The Federal Government doesn’t have to balance its budget, and the bond market has given us a rare opportunity to borrow money for less…