Money and Finance
The latest from Frank Martin...
Found via Santangel's Review.
Links to:
Cyclical or Secular? That is the Question
The Rational Allocation of Capital in an Irrational World
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Related links:
Martin Capital Management: 2012 Annual Report
Borio and White - Whither Monetary and Financial Stability (2003)
Overt Monetary Financing (OMF) and Crisis Management by William White - Project Syndicate (June 2013)
Raghuram G. Rajan: Has Financial Development Made the World Riskier? (2005)
Andrew G Haldane: The dog and the frisbee (2012)
Ultra Easy Monetary Policy and the Law of Unintended Consequences – By William R. White (2012)
On time, stocks and flows: Understanding the global macroeconomic Challenges – By Claudio Borio (2012)
The financial cycle and macroeconomics: What have we learnt? – By Claudio Borio (2012)
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Links
Louis Hyman lecture on his book Borrow: The American Way of Debt [H/T Matt] (LINK) Brain Pickings discusses Atul Gawande's Being Mortal (LINK) Heather Capital: How a $600 Million Hedge Fund Disappeared (LINK) On-the-record remarks by Claudio...
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Is Monetary Policy A Science? - The Interaction Of Theory And Practice Over The Last 50 Years – By William R. White
And in case you missed the two quotes from White that I posted on Twitter last night as I was listening to his McAlvany podcast (these were in regards to economic modeling and the desire to try and control the economy through monetary policy): "I'm...
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The Fed Chairman Is Not Always The Key Speaker At Jackson Hole - By Frank Martin
Found via Santangel’s Review. If you hung on the words of Ben Bernanke at the August 31, 2012 Jackson Hole Symposium, you may have listened to the wrong speaker – or perhaps chosen the wrong time – if you were looking for clues about whether the...
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Ultra Easy Monetary Policy And The Law Of Unintended Consequences – By William R. White
AbstractIn this paper, an attempt is made to evaluate the desirability of ultra easy monetary policy by weighing up the balance of the desirable short run effects and the undesirable longer run effects – the unintended consequences. The conclusion is...
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Central Banker Who Predicted Crisis Sees Big Dangers Ahead
The global economy is in a "particularly dangerous" position that can only be corrected if the currencies of developing countries strengthen relative to those of developed countries, according to William White, one of the few policy makers to correctly...
Money and Finance