Bank of Dave
byTom Clougherty’s recent Alt-M post on competition (or the lack thereof) in UK banking nicely highlights the problem posed by barriers to entry into…
Economic Ideas: Plato, Aristotle, and the Ancient Greeks, Part 2
byWhen we turn to the other most famous ancient Greek philosopher, Aristotle (384 B.C. – 322 B.C.), we find little of the political regimentation…
Is Deutsche Bank Kaputt?
byEditor’s Note: given recent developments at Deutsche it is worth reading Kevin’s piece from last month at Alt-M http://www.alt-m.org/2016/08/04/is-deutsche-bank-kaputt/ which is reproduced below. It looks like Deutsche…
The Road to Fascism in Just Two Charts
byLaws of politics have been turned upside down. The Intellectuals Yet Idiots can make no sense of it. The underdog who ‘tell it how…
Has the BoJ signalled the end of QE as we know it?
byThat’s what David Keohane asks in yesterday’s FT Alphaville based on recent Citi and Goldman research notes. Citi’s Buiter: “In some ways, it is…
Economic Ideas: Plato, Aristotle, and the Ancient Greeks, Part 1
byThe ancient Greeks left a wealth of knowledge through their surviving writings on a wide variety of themes, including science, logic, philosophy, literature, and…
David Stockman: A Messaging Tip For The Donald: It’s The Fed, Stupid!
byThe Fed’s core policies of 2% inflation and 0% interest rates are kicking the economic stuffings out of Flyover America. They are based on the specious academic…
Hedge Funds, ‘unsophisticated’ investors, Brexit and the AIFMD
byThis article is based on some research done by the author whilst working at Her Majesty’s Treasury but which has since been modified and articulated…
More Data For The ‘Data Dependent’ To Ignore
byBy Jeffrey P Snider. Source: http://www.alhambrapartners.com/2016/09/16/more-data-for-the-data-dependent-to-ignore/ The University of Michigan released its September update for their surveys of consumers. The overall index of consumer “sentiment”…
Fed Up! Hillary Clinton in Cahoots with Attempted “Hostile Takeover” of the Fed
byFed Up activists assemble outside a Congressional hearing (photo credit: Ralph Benko) I’m fed up with the Fed too, with its chronic policy failures….