Here’s a stunning example of how the Chinese government, in its drive (via central planning and “stimulus” spending) toward maintaining economic growth, is overinvesting in public infrastructure projects and creating a massive property bubble in the process (hat tip to Dave VanHoose)…
My name is Jim Garven. I currently hold appointments at Baylor University as the Frank S. Groner Memorial Chair of Finance and Professor of Finance & Insurance. I also currently serve as an associate editor for Geneva Risk and Insurance Review.
At Baylor, I teach courses in managerial economics, risk management, and financial engineering, and my research interests are in corporate risk management, insurance economics, and option pricing theory and applications.
Please email your comments about this weblog to James_Garven@baylor.edu.
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