Money and Finance
- John Mauldin: The Good, The Bad, And The Greek (risks)
Greece was (and is) the first real test of the euro. Until the Greek crisis, there was no real need for any eurozone country to actually write a check for any other member. Ireland obligingly shouldered the responsibility for its own bad bank debts, paying...
- Nassim Taleb On The Book "why Nations Fail: The Origins Of Power, Prosperity, And Poverty"
From his Amazon review: This is the best contemporary economics books I've read so far. a) There is a central point, b) The central point is clear -a version of the Golden Rule of symmetry and exploitation, c) It is convincing. Some agents try to...
- Albert Edwards: Spain's Bailout Solves Nothing
Going through Japan's lost decade with Peter Tasker was a prequel to our current plight. One of the key differences he had with consensus was on the banks. Consensus believed Japanese banks were at the apex of Japan's economic woes and the main...
- Problem Solving: Complexity, History, Sustainability - By Joseph Tainter
Sustainability or collapse follow from the success or failure of problem-solving institutions. The factors that lead to long-term success or failure in problem solving have received little attention, so that this fundamental activity is poorly understood....
- Gr-neam Reflections: Investing With Leviathan
The monthly publication written by John Gilbert, CIO, GR-NEAM (General Re-New England Asset Management).-Summary: The scale and complexity of governments' responses to the financial crisis is very large. While it is early to tell, it may increase...
Money and Finance
GR-NEAM Reflections: 11/02/2012 - Primate In Distress
Rising uncertainty about the future is evident in a number of empirical indicators, and is understood to have a cost in suppressing hiring and investment. Large-scale experimentation by central banks may itself contribute to a problem that they are trying to solve.
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Related previous post: A.M. Best Webinar: Asset Management Perspectives (video)
- John Mauldin: The Good, The Bad, And The Greek (risks)
Greece was (and is) the first real test of the euro. Until the Greek crisis, there was no real need for any eurozone country to actually write a check for any other member. Ireland obligingly shouldered the responsibility for its own bad bank debts, paying...
- Nassim Taleb On The Book "why Nations Fail: The Origins Of Power, Prosperity, And Poverty"
From his Amazon review: This is the best contemporary economics books I've read so far. a) There is a central point, b) The central point is clear -a version of the Golden Rule of symmetry and exploitation, c) It is convincing. Some agents try to...
- Albert Edwards: Spain's Bailout Solves Nothing
Going through Japan's lost decade with Peter Tasker was a prequel to our current plight. One of the key differences he had with consensus was on the banks. Consensus believed Japanese banks were at the apex of Japan's economic woes and the main...
- Problem Solving: Complexity, History, Sustainability - By Joseph Tainter
Sustainability or collapse follow from the success or failure of problem-solving institutions. The factors that lead to long-term success or failure in problem solving have received little attention, so that this fundamental activity is poorly understood....
- Gr-neam Reflections: Investing With Leviathan
The monthly publication written by John Gilbert, CIO, GR-NEAM (General Re-New England Asset Management).-Summary: The scale and complexity of governments' responses to the financial crisis is very large. While it is early to tell, it may increase...