The Counterfactual on QE
Why We’re Still Arguing Whether QE Worked It’s hard to know what works in economics. But policy experiments in the states...
The Unofficial Pundit to English Translation Guide
Here’s What Financial Pundits Mean When They Say… There’s a lot of time to fill. Hot air often does the job. Bloomberg,...
We Are Living in a “Post-Factual Democracy”
Give it up for Wordspy‘s impeccable timing: A democracy in which ignorance and irrationality hold sway over facts and...
Americans Give A Billion Dollars a Day to Charities
This is really a fascinating datapoint, via the Consumerist: “According to a report released today by the Giving USA Foundation,...
Save the Date! EBI Conference NYC November 15, 2016
Right after the financial crisis, we threw our first conference. It was a modestly successful event, one that we built on over the years....
10 Good Beach Reads, Just in Time for Memorial Day
Memorial Day weekend is fast approaching. If you are anything like me, you are probably looking forward to delving into several new and...
“Uncertainty” Meme Refuses to Die . . .
Election ‘Uncertainty’ Isn’t Messing With Markets The outcome of the presidential race is merely unknown. That’s...
On the ‘Stretching’ of Happiness
“Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped...