Justin Fox on Efficient Financial Markets Arnold Kling By Arnold Kling, Jul 13 2009 SHARE POST: Russ Roberts interviews Justin Fox. Fox became an expert in the process of writing a book on the history of modern financial theory.
Jul 13 2009 Finance: stocks, options, etc. The Shadow Banking System Arnold Kling Perry Mehrling says, The idea of the shadow banking system was in some way, not only tolerated by regulators, but encouraged by regulators. They thought, "Let's get some of these risks off the balance sheet of the traditional banking system. Let's get interest rate risk off the balance sheet of the traditional banking... 5 Read More
Jul 13 2009 Economic Growth Ed Glaeser on New York Arnold Kling He sounds like Richard Florida. New York has bright, creative people, yada-yada. I think that most of the cyclical movement in the economy comes in businesses that are not all that creative--manufacturing, construction, and strip-mall businesses. Folks in Washington have little interest in those types of businesses... 1 Read More
Jul 13 2009 Finance: stocks, options, etc. Justin Fox on Efficient Financial Markets Arnold Kling Russ Roberts interviews Justin Fox. Fox became an expert in the process of writing a book on the history of modern financial theory. 1 Read More