Robert Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and Senior Fellow at the Blum Center for Developing Economies. He has served in three national administrations, including as Secretary…
10 Thursday AM Reads
My morning train reads: • The 21 Most Powerful Women in the Business of Sports (Worth)• Value Finally Replaces Growth. But Will This Hate Rotation Last? (Barron’s)• Stock Pickers Are Just Imagining an Index Bubble…
Trade War Farm Bailout
Source: Reuters I missed this over the summer: According to Reuters, “the U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre as part…
Sharp Decline in Childhood Mortality
The default setting on modern humanity is for things to continually get better. Here is the New York Times: “Two decades ago, nearly 10 million children did not live to see a 5th birthday. By…
1971 Ferrari 365 GTB/4 “Daytona”
Officially it is known as the Ferrari 365 GTB/4, but after the 365 swept the Daytona 24-Hour Race in 1967, racing to victory by taking the 1-2-3 spots, the car became known simply as The…
10 Friday AM Reads
My end of week morning train reads: • Why Hasn’t Wall Street Ever Had a Woman CEO? (Fortune)• Jim Grant Is a Wall Street Cult Hero. Does It Matter If He’s Often Wrong? (Institutional Investor)•…
MIB: Psychologists & Behavioral Economists
The Masters in Business pod turned 5 this summer, and I wanted to update how people could access the archives in more interesting ways. One request we get all the time is to organize the…
Gundlach Says Fed May Expand Balance Sheet After…
Jeffrey Gundlach Photographer: Scott Eells/Bloomberg Photographer: Scott Eells/Bloomberg The spike in overnight repurchase agreements may prompt the Federal Reserve to expand its balance sheet, according to Jeffrey Gundlach, chief investment officer of DoubleLine Capital. “Is…
Why is the economy so weak? Trade gets…
Posted September 17, 2019 at 11:15 am by Josh Bivens Why is the economy so weak? Trade gets headlines, but it’s more about past Fed rate hikes and the TCJA’s waste Josh Bivens, director of…