Category Archives: Economics

Ray Dalio on Credit Cycles

 

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The Fed and black unemployment

I never quite trusted this guy, but I’m all in favor of people who can open their eyes and see what is around them. Fed’s Kashkari is ‘shocked’ that black unemployment isn’t better understood  

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The Wealth Effect: backwards causality 

http://ritholtz.com/2016/04/wealth-effect-is-a-bad-correlation-fantasy/

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Velocity of Money

http://ritholtz.com/2016/04/a-plodding-dollar-the-recent-decrease-in-the-velocity-of-money/?utm_source=dlvr.it&utm_medium=twitter

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How did Trump make his money?

an acquired company that doesn’t end in bankruptcy is money left on the table. … Romney and Trump … are in the same business of financial value extraction. http://jwmason.org/slackwire/brazil-in-drag-hyman-minsky-on-donald-trump/

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What History Teaches us about The Concentration of Wealth

https://www.farnamstreetblog.com/2016/03/history-concentration-of-wealth/

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Efficient Markets?

http://www.bloombergview.com/articles/2016-02-09/financial-markets-don-t-work-as-well-as-we-thought

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America’s Bank

History of how the Fed was founded. http://thereformedbroker.com/2016/01/29/book-review-americas-bank/

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Adam Smith’s false dichotomy

http://jeffweintraub.blogspot.com/2013/07/adam-smiths-conceptual-sleight-of-hand.html?m=1

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The myth that welfare corrupts the poor

http://mobile.nytimes.com/2015/10/21/business/the-myth-of-welfares-corrupting-influence-on-the-poor.html?_r=0&referer=

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