· A European fiscal spending package worth Euro 540bln has been agreed · Eurozone bonds have crashed and recovered · Corona Bonds have been found unnecessary · The issue of Eurozone backed Eurobonds will not go away
It’s becoming increasingly common for people to spend some, or even the majority, of their time working from home.
In an unsettled and uncertain time, Joshua Gans and MIT Press are trying an intriguing experiment: A complete draft of a new book by Gans, Economics in the Age of COVID-19, is freely available on-line.
Here's an odd fact: Even though the total assets of US investors abroad is smaller than the total assets of foreign investors in the US economy, the total returns earned by US investors abroad has historically been larger than what is earned by foreign investors in the US economy. How does that happen?
In this interview I explain why the fundamentals for gold are stronger each day, and why silver and palladium should not be ignored in the current crisis.
Patents are a tradeoff: they let an inventor escape direct competition, but only for a limited time and for a specific product, and in this way provide an incentive for innovation and--one hopes--heightened future competition.
New technologies are the beating heart of productivity growth and a rising standard of living.