I enjoyed a lot. It is a dense and informative book.Apart from relatively good and detailed analysis of some of the major factors/incidents of recent/ongoing subprime and credit crisis with historical context, it is interesting to see the fact that some of mainstream financial writers such as him...
The cost of public college has doubled since 1980 including inflation while wages have remained flat. Humans hate losing money more than they like making it. Humans are subject to fads. Even the most sophisticated traders exhibit herding behavior. American health care is extremely wasteful and is...
THE RAPID GROWTH OF THE CHINESE ECONOMY IS ONE OF THE MOST portentous phenomena in the world today.1 Chart 9.1 shows the data comparing the total economic output of China and the United States from 1980 through 2011, and projected through 2017, as compiled by the International Monetary Fund (IMF)...
