Showing posts with label
Steve Horwitz
.
Show all posts
Showing posts with label
Steve Horwitz
.
Show all posts
Friday, April 12, 2013
Consumption isn't a fleeting burst of pleasure, it's a long-lived asset
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I've learnt enough about the terms income , savings , consumption , investment , capital , and other major macroeconomic categorizati...
16 comments:
Friday, December 21, 2012
Uncertainty and the demand for liquidity
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In between my more practical posts, once every week or so I'll do something on the idea of moneyness . Economists have known for a lo...
10 comments:
Thursday, January 5, 2012
Moneyness and liquidity options
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Lars Christensen had an interesting post on moneyness and the Divisia indexes. He recommended an old paper of Steve Horowitz's which I ...
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