The U.S. Needs A Supply Revolution
An increased regulatory burden is often blamed for the slowdown of US growth and decreasing economic dynamism. Much of this is simply the result of an increasing complexity of modern […]
A Worrying Artificial Bubble In Earnings
Stock based compensation as part of executive pay is widespread. The common practice on Wall Street is that it is added to earnings, we can see no valid accounting reason […]
Buyback Nation | Seeking Alpha
Corporate buybacks have become one of the main drivers of stock prices and there is evidence to suggest they work. While it’s likely to be good for stock prices, many […]
From Value Creation To Value Extraction
When the SEC greatly facilitated corporate share buybacks and executive pay was tied to the stock price, the elements were in place for management to game the system. Stock markets […]
Supply Side Revolution in Europe
Setting markets free
How Crooked is the Oil Market?
Disturbing article. The financialization of the real economy has gone overboard, that’s about the minimum conclusion one can draw. But there is much more to it..
End bankers bonuses?
Nassim Taleb’s ‘Bauhaus (Less is More) solution for the fragility of the financial system. Not the whole solution though..
Large Income Inequality
Has a direct bearing on many aspects of the quality of life..
High-frequency trading at the cost of regular investors
Computerized high-speed trading is increasing market volatility and making it more difficult for regular investors to pick stocks, market experts say. Bring in a financial transaction tax. With high unemployment, […]
Financial market chaos
Isn’t wealth enhancing. More reasons for a financial transaction tax