Practical analysis for investment professionals

economic history


What Happens to the Market if America Goes to War?

Mark Armbruster, CFA, reviews historical capital markets performance during times of war.

Tomáš Sedlácek: The Junction of Moral Values and Economic Choices

Tomáš Sedlácek moves beyond mere criticism to propose that accepting the sociological roots of economics can improve its practice. That is, once we acknowledge the underlying values hidden in economics, then smarter decisions may be made.

Book Review: Heroes and Villains of Finance

This book introduces the reader to 50 noteworthy personages in numerous facets of finance, from before the Common Era to the present day. The author covers a wide and diverse history of characters that includes academics, philosophers, economists, practitioners, and reprobates. This slender volume makes for an entertaining read that may elicit further interest in the many and varied subjects on which it touches.

Financial History: How to Learn from It

We are part of the history that future generations will study and we owe it to ourselves and the clients we serve to thoughtfully consider lessons from the past when making decisions that will impact our future.

Book Review: GDP: A Brief But Affectionate History

Should anyone other than a statistician care about the fine points of calculating gross domestic product? In GDP: A Brief but Affectionate History, economist Diane Coyle offers a striking example of why investors and policymakers ought to pay closer attention.

Book Review: Inside the Yield Book: The Classic That Created the Science of Bond Analysis

The third edition of Inside the Yield Book builds on the previous editions with valuable insights into duration targeting. The authors convey their mathematically elegant findings with the same clarity and accessibility that characterized the writing of Leibowitz and Homer more than 40 years ago, before abstruse formulas began to permeate fixed-income analysis.

The Decline in Stock Listings Is Worse than You Think

The decline in stock listings in the United States has been well documented for some time now, but commentators seem to be missing a larger and potentially more alarming story: Equity listings worldwide, not just in the United States, have dropped precipitously.

An Hour with Mike Mayo: Part 1 (Podcast)

A conversation with Mike Mayo about how investors should analyze financial institutions, the present state of the industry, and the surprising tack he adopted to gain access to company management. Also discussed are some of the topics he raises in his book, such as the accountability of the banks, their governance structures, and the role that they have played in economic history.

Take 15: Detecting Asset Bubbles Before They Burst (Video)

Vikram Mansharamani, a lecturer at Yale, discusses five lenses for identifying historical asset bubbles that then burst and provides examples of where his lenses point to a bubble (China) and where they don’t point to a bubble (food prices).

Did the Gold Standard Work? Economics Before and After Fiat Money

Suddenly gold is being proposed as a cure-all for the weakening dollar, allowing it to retain its place as the international reserve currency — a trophy taken, not without a fight, from the British pound at the READ MORE ›



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close