Monthly Archives: September 2011

Foreign Governments Are Broken, Too

Many investors either fear investing outside of their own country’s markets or simply don’t understand how to do it. Tax, regulatory, legal and other costs tend to discourage foreign investment. The so-called “home bias” leaves many investors over-exposed to domestic … Continue reading

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When Inflation Was Good… or was it?

Paul Krugman chastises inflation hawk Paul Volcker inĀ “When Inflation Was Good”. Krugman accuses Volcker of a “selective reading of history”, and then asks why the U.S. didn’t relapse into the Great Depression after World War II ended in 1945. Krugman … Continue reading

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