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Daily Archives: August 19, 2014
Bob Shiller floats his ‘Titanic theory’ for why “Everything is pricey”
Robert Shiller, Yale University professor of economics, explains his “Titianic” economic theory for why the stock, bond and housing markets all look pricey today. Here is a direct video link. He points out that historically “there are always special factors” … Continue reading
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More on the ties that continue to purchase politicial favour for bankers
Nomi Prins talked about her book, All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, in which she explores the multi-generational marital and protégé relationships in the financial and political worlds that she argues are the basis of … Continue reading
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The grotesque bubble in US education costs
Suckled on the public purse through a decade of excessive government-backed student loans, education costs in America have formed a grotesque bubble. When your customers no longer have the means to purchase your service, fresh more affordable business models and … Continue reading
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