NewKindlebergerPreface Charles Kindleberger’s classic, World In Depression, 1929 – 1939, is being re-issued with a new prface by two eminent economists who were his students. The preface compares Kindleberger’s analysis of the situation in Europe then with the current crisis … Continue reading
Monthly Archives: June 2012
State and Local Government Pensions
FundingState&LocalPensions2011-2015 – CRRBC The Center for Retirement Research at Boston College, directed by Alicia Munnell, is the first and last word on the topic of state and local government pensions. The underfunded status of many of these plans is much … Continue reading
Does Past Performance Matter ?
SPIVA Persistence Scorecard June 2012 Twice a year S&P publishes its study of mutual fund performance based on a suvivorship bias free data base maintained by the Center for Research in Security Prices at the University of Chicago. The clear … Continue reading
Should We Invest In Gold?
Dimensional_Is-Gold-Worth-Its-Weight[1] Bryan Harris of Dimensional Fund Advisors has done a useful and interesting analysis of the possible role of gold as a portfolio asset.
Eurozone Crisis – Origins and Prospects
EuroCrisi-OriginsandProspects-Chinn&Frieden Menzie Chin and Jeffry Frieden, authors of the very excellent LOST DECADES, have written a short but very informative piece about the flawed origins of the Euro and possible solutions to the crisis. In my opinion this is the … Continue reading
