When does the heart of the bureaucracy stop being apolitical?
When their special interests are under attack.
Wednesday, July 6, 2016
Tuesday, July 5, 2016
What is the only way you might understand something?
What is the only way you might understand something?
Having some experience of it.
Having some experience of it.
Monday, July 4, 2016
How America earns the love of its citizens?
How America earns the love of its citizens?
Taking seriously their happiness.
Saturday, July 2, 2016
Friday, July 1, 2016
Why is the competitive advantage stronger than ever?
Why is the competitive advantage stronger than ever?
Because the incumbents have become more powerful in almost every sector.
Because the incumbents have become more powerful in almost every sector.
Wednesday, June 29, 2016
How to make money buying corporate-bonds with negative yields?
How to make money buying corporate-bonds with negative yields?
If bond prices rise further, making yields even more negative, you can sell for a nominal profit. If deflation becomes established you might make money in real terms.
If bond prices rise further, making yields even more negative, you can sell for a nominal profit. If deflation becomes established you might make money in real terms.
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