Categories:
Finance: stocks, options, etc.
I should have outsourced my comments on John Allison’s interview to Scott Sumner.
I should have outsourced my comments on John Allison’s interview to Scott Sumner.
Dec 18 2009
A junior colleague of mine, Noah Myung, who holds a Ph.D. in economics from Cal Tech, told me the following hilarious story. He was a math/econ major at UCLA and had just completed a course on game theory, taught by David Levine, in the winter of 2003. He got a notice requiring him to show up for jury duty. He showe...
Dec 18 2009
Joshua Aizenman and Nancy Marion write, The estimated impact of inflation on today's debt/GDP ratio is larger than in the mid-1970s but not as large as in the mid-1940s. If inflation were 5% higher, the debt/GDP ratio would be about 20% lower, a debt ratio of 43.4% instead of 53.8%. ...Today, a much greater share of ...
Dec 18 2009
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