Friday, July 05, 2013

Managing Structural Economic Change and the Financial Markets

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The second quarter of 2013 was particularly challenging for investors. The last two months, in particular, were impacted by the market t...
Sunday, January 06, 2013

An Overview of 2013 - Setting the Scene

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There were several driving forces affecting market conditions in year 2012. The year opened on a very strong start. In fact much of the ov...
Sunday, July 08, 2012

Diversified Investment Strategy

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Investment markets over the last quarter have been driven primarily by uncertainties with respect to outcomes in resolving the debt crisis i...
Thursday, December 15, 2011

The Myth of the American Dream

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           The United States of America has long been characterized as the land of opportunity. It was founded upon principles recognizing t...
Monday, December 12, 2011

Cronyism and Capitalism

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Today I embark on a new project. I am beginning to write a new book investigating the impact of cronyism on capitalism. In part, I am going ...
Wednesday, November 02, 2011

Creditors of the World Are Not Necessarily Captive to the Debtors

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In response to Martin Wolf's article in the Financial Times,  I offer the following commentary. The conceptual framing of this argum...
Wednesday, October 05, 2011

Recapitalize the Banks?

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The concern about a Greek default is really more about the contagion effect. The central question is how does one contain the impact ari...