Here’s a list of articles that I have been reading today (organized by topic): Finance
Restoring Faith in Financial Markets, by John C. Bogle
“It is time institutional investors exerted control over publicly held companies.”
Financial Crisis and Public Policy
Obama’s Double-Dealing Bank Tax, by Holman Jenkins
“…it’s a formula for turning the banks into what Fannie and Freddie have [...]
Here’s a list of articles that I have been reading today (organized by topic): Finance
Tiger Woods and Market-Moving Events, by Carl Bialik
Financial Crisis and Public Policy
The Fed and the Crisis: A Reply to Ben Bernanke, by John Taylor
“In his recent speech, the Fed chairman denied that too-low interest rates were responsible. Does this mean we’re [...]
Here’s a list of articles that I have been reading today (organized by topic): Culture
The Miser versus the Entrepreneur, by Jay Richards
“Why is Ayn Rand so popular today?”
Economics
Happy 99th Birthday, Ronald Coase, by Steve Landsburg Keynes vs. Hayek: Late Economists’ Hip-Hop Legacy
Finance
Two Decades Later: Nikkei and Lessons from the Fall, by Vaclav Smil
“Twenty years ago this [...]
Investors Hope the ’10s Beat the ’00s, by Tom Lauricella
“Since End of 1999, U.S. Stocks’ Performance Has Been the All-Time Clunker; Even 1930s Beat It”.
Adjusted for Inflation, Dow’s Gains Are Puny, by E. S. Browning
“Many investors realize that stocks have been among the worst investments of the past decade. But they may not realize quite [...]
Here’s a list of articles that I have been reading today (organized by topic): Economics and Public Policy
An Empire at Risk, by Niall Ferguson
“We won the cold war and weathered 9/11. But now economic weakness is endangering our global power.”
Finance
Fama Lecture: Masters of Finance
“From the American Finance Association’s “Masters in Finance” video series, Eugene F. [...]
Here’s a list of articles that I have been reading today (organized by topic): Economics
Unintended Consequences, by Greg Mankiw
Finance
Does Your Optimizer Need a Tune-Up?, by Gene Fama and Ken French
“The realized equity premium for U.S. stocks relative to long-term government bonds has been negative for the 5, 10, 15, 20, and 25-year periods ending in [...]
Here’s a list of articles that I have been reading today, accompanied in some cases with some of my own commentary (organized by topic): The Economy
In the Battle for Stimulus Jobs, Shoe Store Owner Tells War Story, by Louise Radnofsky
Here’s a practical, step-by-step guide to “creating or saving” 9 jobs for only $889! Thanks to Greg Mankiw for the [...]
Here’s a list of articles that I have been reading today (organized by topic): Finance and the Financial Crisis
Efficient Market Theory and the Crisis, by Jeremy Siegel
“Neither the rating agencies’ mistakes nor the overleveraging by financial firms was the fault of an academic hypothesis.”
Foreign Policy
The Tenacity Question, by David Brooks
“Military experts say that President Obama [...]
Here’s a list of articles that I have been reading today (organized by topic): Behavioral Economics
Lessons from an Ad Man
Rory Sutherland wows a TED conference audience with a compelling and highly entertaining sixteen minute talk on advertising and aspects of behavioral economics. I particularly enjoyed the “market research” segment toward the end of the video on [...]
I would like to call everyone’s attention to a formal online debate concerning executive compensation which began on Tuesday, October 20 and is scheduled to conclude on October 30th. Later in the semester, we’ll discuss how to structure compensation to align incentives between owners and managers of firms. However, this debate, which is sponsored by The Economist, addresses [...]