Tag: Economics

The (Strange) New World of Negative Yields

Over past week one of the most interesting phenomenon I have seen in global economics has come to pass: investors (primarily in Europe) have decided that the world’s economic outlook is so grim that they are willing to park their money in negative-yield financial instruments. This was supposed to be an irrational decision, by traditional

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What’s Your Data Value?

FT.com has an interesting interactive page where you can estimate the value of your personal data, based on several demographic characteristics. The calculator accompanies a short piece that analyzes just how little individual data is worth in the open market. As the piece notes: The sheer ubiquity of details about hundreds of millions of consumers

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Recently Read: “Poor Economics” by Abhijit V. Banerjee and Ester Duflo

“Poor Economics” is required reading for anyone who cares about the poor and how to best structure aid to people who need economic help around the world. Unlike so many authors in this genre, Banerjee and Duflo are not out to make a case for a particular agenda, ideology or to castigate rich countries for

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Citizenship for Sale: 1M Pounds Buys UK Passport

There is a fascinating story in today’s FT about the increase in foreigners taking up the UK’s offer of a UK passport in exchange for 1M pound investment. As the piece notes: “The number of wealthy migrants entering the UK on specialist visas designed to attract millionaire investors jumped by over three-quarters last year, led

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