Asset prices are more sensitive to very low interest rates than most suspect
May 26, 2015 ·
4 min read
Global interest rates are now at historical lows. Conversely we are seeing record prices for asset prices be they share prices of listed companies, privately held Internet startups, art, collectible … Continue reading “”
How Technology Could Help Fight Income Inequality
December 11, 2014 · < 1 minute
I have had the pleasure of meeting professor Tyler Cowen a few times and always left my meetings impressed by his intellect. He writes the popular economics blog: Marginal Revolution. … Continue reading “”
LeWeb 2013 Interview of Arnaud Montebourg
December 13, 2013 · 2 minutes
Loic Lemeur asked Jeff Clavier and me to react to Arnaud Montebourg’s presentation at LeWeb and ask him a few questions. I suggested France might adopt some measures that would … Continue reading “”
No Limits to Growth
September 4, 2013 · < 1 minute
Over the course of the last few years I resolved the cognitive dissonance between my short term pessimism about the economy and my personal optimism about humanity, the technology world … Continue reading “”
Great speech on the five trends reshaping the global economy
May 21, 2013 · < 1 minute
Dominic Barton, the managing director of McKinsey, recently gave an insightful speech at Stanford Business School. I encourage you to watch it.
The Economy: An Optimistic Thought Experiment
July 13, 2012 · 38 minutes
Over the past few years the economist in me has been profoundly pessimistic about the short and medium term economic destiny of the developed world, a view that is profoundly … Continue reading “”
Is the Euro zone crisis by design?
March 15, 2012 · 5 minutes
A few months ago, I started writing an analysis of our global economic situation that I wanted to present in the form of an optimistic thought experiment. That article has … Continue reading “”
Must read article on America’s 21st century collapse!
October 20, 2011 · < 1 minute
I just came across this very well thought through article on everything that could go wrong for the US in the 21st century should we continue down the current path. … Continue reading “”
The Ultimate Startup: Creating a New Country
August 23, 2011 · 3 minutes
My good friend Auren Hoffman posited that existing nation states would benefit from a little bit of creative destruction and competition to maximize the welfare of their “customers“. In light … Continue reading “”
Cameron Rules, Sarkozy Sucks!
June 9, 2011 · 3 minutes
Over the last two weeks I had the pleasure of attending the eG8 Summit in Paris at the invitation of French President Nicolas Sarkozy and being invited to tea with … Continue reading “”
Why India is behind China!
June 7, 2011 · 3 minutes
I recently wrote how the world is less globalized than we suspect it is and how we now spend $88 billion a year in visa processing fees. What is not … Continue reading “”
How to minimize human misery in recessions or the macroeconomic implications to hedonic adaptation
May 16, 2011 · 4 minutes
As I was reading The Upside of Irrationality, Dan Ariely’s sequel to the brilliant Predictably Irrational, I started wondering whether there were macro implications and applications for behavioral economics … Continue reading “”
Globalization is more fragile and less entrenched than you think!
April 29, 2011 · < 1 minute
I was shocked that the statistics I came across in a recent article in The Economist which presented Pankaj Ghemawat’s research on globalization. We seem to take it as a … Continue reading “”
Summit Series Speech: The Pessimistic Optimist
May 17, 2010 · 4 minutes
I wanted to share with you something that has been on my mind lately as I have been suffering from a severe case of cognitive dissonance. I am the most … Continue reading “”
Mortgage modifications have done more harm than good
January 3, 2010 · < 1 minute
I argued in a prior post that the best way to deal with a deflating bubble was not to try to reflate that bubble. Instead of letting the real estate … Continue reading “”
Cognitive dissonance be damned: I am a pessimistic optimist!
October 21, 2009 · 6 minutes
Over the past few years I have often felt like Cassandra with my dire and pessimistic economic predictions. This fundamental pessimistic outlook was so contrary to my fundamentally optimistic outlook … Continue reading “”
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