Where is regulatory reform of our financial system heading?
The reason real to worry about China, however, has very little to do with external balances
It’s not lowering recent growth by some fraction of a percentage point that should bother us, it’s the likely behavior of large-scale finance, now more powerful and with greater concentration of power.
The topic is no-interest balance transfers offered by credit card companies.
Image via Wikipedia This guest post is contributed by Mark Paul and Anastasia Wilson. Both are members of the class of 2011 at the University of Massachusetts-Amherst. In some cultures asking how the kids are [...]
Image via Wikipedia In a world with so many instabilities, there is an understandable search for something that offers a stable value – preferably something that cannot be affected by the whim of government or [...]
Read more . . . Related articles by Zemanta What next for trade? (economist.com) Oil prices could hold back recession recovery warns Chancellor (telegraph.co.uk) Chinese inflation declines again (news.bbc.co.uk) UK industrial output posts first [...]
Free Download The Future of Finance: The LSE Report Technical perhaps . . . but important reading: Absolutely
Image by Veronica Belmont via Flickr (This is Part 2 of 2; Part 1 covers the shift in personal computing from the age of the standalone PC to the age of cloud computing.) We left [...]
By Peter Boone and Simon Johnson According to Friedrich von Hayek, the development of welfare socialism after World War II undermined freedom and would lead western democracies inexorably to some form of state-run serfdom. Hayek [...]
A two-track economy appears to be developing: one part will do well (e.g., around big banks on Wall Street), and another part will struggle (many consumers and firms around the world want to reduce their debt
Image via Wikipedia It’s difficult to express how important and worthwhile analysis this is. Chris Tolles points us to what I have to say is an absolute must read piece by Jim Manzi (who I [...]
