Tag Archives: demographics

Emmanuel Todd predicted the Arab Spring by looking at demo data. — [VIDEO IN FRENCH]

Emmanuel Tood @ Wikipedia – Tyler Cowen has a book review. Sorry, it is only in French, but I hope it gets translated on the Web

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Technological change and asset returns

Peter Thiel thinks our entire civilization and culture is predicated on accelerating technological change. Specifically, technological growth has an important but poorly understood impact on economic growth, asset returns and the need to work over the course of one’s life. … Continue reading

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More Garbage Words: Social Security, “A Minor Fiscal Issue”

Paul Krugman calls Social Security a minor fiscal issue, citing this report in which Social Security spending as a percent of GDP levels off at around 6% in 2030. For someone whose blogging modus operandi is pointing out disingenuous arguments … Continue reading

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The Interdependence of Prices and Gold

I gave a talk on Thursday night at the New York Investing Club meeting. The basic points: Gold does well when real rates of return are low. Real rates describe the price of gold much better than inflation alone. This … Continue reading

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Book Review: The Limits of Transparency

Jacqueline Best’s The Limits of Transparency is carried by sensible concerns on the tension between efficiency and stability, the tension between promoting employment and stable money, and the political implications of seemingly neutral economic policy. However, while economists, market participants … Continue reading

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A Note on the Impotence of the Efficient Market Hypothesis

No one who makes a living trading really cares about EMH, but I’m not sure why failure to predict under EMH is that surprising. Markets do more discounting than predicting. That’s part of the reason why stocks are volatile — … Continue reading

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Trends, mega trends — and the opportunities they offer to investors

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