A recent article in The Wall Street Journal reviews a new book about John Maynard Keynes, best remembered as “an economist who made the case for governments to spend their…
Tag: Economic Theory
Robert Shiller Discusses Bubbles and Narrative Economics
A CFA Institute article offers insights from Nobel laureate Robert Shiller on current market conditions and what lies ahead. Here are some highlights from Shiller’s comments: Both the stock market…
Building a Defense Against Fake Economics
The increased scrutiny that academics have faced since the financial crisis of 2008 has led to “the rise of slapdash or highly dubious economic views,” according to a recent Bloomberg…
Common Ownership Among Investors Could Make Economy Less Competitive
Economists Jose Azar (University of Navarra IESE Business School) and Martin Schmalz (University of Michigan’s Ross Business School) have studied the idea that common ownership is “making companies and the…