Enterprising Investor
Practical analysis for investment professionals

Inequality


Book Review: The Power of Money

Paul Sheard explains what money is and how governments, commercial banks, and central banks create it and influence its creation.

Is Rising Income Inequality the 40-Year Bull Market’s Hidden Driver?

While traditional finance’s equity performance models still work, there is an alternative explanation for the long-running secular bull market.

Janet Yellen on Recession Risks, Inequality, and Climate Change

Janet Yellen sat for a wide-ranging fireside chat with Margaret “Marg” Franklin, CFA.