D Clarity

What Is This Weird Balloon For

Archive for the ‘economy’ Category

show me the money

leave a comment »

Returns over the last decade by asset class, from A Wealth Of Common Sense.

Advertisements

Written by geek

10/03/2016 at 1:51 am

burn

leave a comment »

“A guide to economic forecasting by Greenspan is about as credible as art history by Mr. Magoo”.

Bloomberg

Written by geek

18/10/2013 at 3:32 pm

on stock market bubbles

leave a comment »

Crossing Wall Street has a great chart showing why you should have been scared of the stock market in 2000 more than in 2008 or now.

Written by geek

03/04/2013 at 1:06 am

Posted in economy

the riddle of modern american economics

leave a comment »

As explained by Atrios.

Written by geek

07/06/2012 at 4:15 am

how modern business works

leave a comment »

It’s pretty simple.

Written by geek

20/01/2012 at 2:12 am

Posted in economy, sad

banks, what are they good for?

leave a comment »

Why was it so politically difficult to reregulate the banks? he wondered. Why couldn’t the Administration harness the populist outrage? What good had Wall Street ever done for America? “There must be something useful in there, but it is really hard to see what,” he says. “That’s everybody’s challenge: come up with a clearly beneficial example of financial innovation without mentioning A.T.M.s, and no one can do it. If there are arbitrage opportunities and you’re able to spot them a few seconds before anybody else, you can make a lot of money, but there’s no actual social gain from doing that. We’ve tried talking to our friends in finance, and they say, ‘Liquidity, liquidity, liquidity.’ Well, there is some social loss if people are hanging on to a lot of idle cash, so the financial system, by providing liquid assets that provide a pretty good yield, is supposed to deal with that. But it turns out that, just when you need it most, that liquidity froze.”

Krugman

What about Krugman himself?

 If there is sadness in him at all, I think it is a tiny core of profound sadness of the kind that the Buddha understood—that we probably can’t use human rationality to make the world all better, and it would be really nice if we were able to.”

 

Written by geek

11/01/2012 at 3:14 am

Posted in economy

america: the decline years

leave a comment »

Canadian GDP per capita passes the US.

Written by geek

29/12/2011 at 11:32 pm

Posted in economy, sad