Eugene Fama explained. Kind of. Part 1: Corporate governance

Nobel Fever has broken out here at virtually Noahpinion, therefore let’s continue with some unnoted corners of the laureates’ œuvres. consistent with Google Scholar, Fama and Johannes Vilhelm Jensen (1983) is Fama’s third most cited paper, nevertheless it isn’t mentioned in the...

Eugene Fama explained. Kind of. Part 2: Asset pricing

Following au courant my post on Fama’s company governance contributions, let’s communicate a gently technical clarification of Fama’s plus rating work, for those that haven’t browse finance papers since 1990 roughly. lots of this was joint work with Ken French, UN agency is great—don’t...

The Beggar Maid: Economics and Alice Munro

I can't enable our Nobel-fest to come back to a detailed while not a post regarding Alice writer. The Canadian recipient of the laurels in Literature is in some ways in which an ideal complement to the Fama-Hansen-Shiller trio. The word political economy has its origins within...

On Depressions, the Structure of Production & Fiscal Policy

I came into economics and finance blogging in 2011 a awfully whole completely different economic thinker than i am today. i wont to be convinced (and keep convinced) that we've got an inclination to were desire a once-in a generation economic transformation, or lots of accurately...

Miles Kimball and Noah Smith on the fallacy of inborn math ability

Miles and that i have a replacement column enter Quartz, on however the misconception of genetic philosophical theory is killing Americans' maths skills. Some excerpts: “I’m simply not a maths person.”  We hear it all the time. And we’ve had enough. as a result of we...
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