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'The loneliest part of getting older is discovering which friendships depended solely on you.'
A study by professor
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The Pope should have gone further on AI
Institute Professor Daron Acemoglu wrote: "Pope Leo is right to call
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Samsung Electronics performance bonus system under fire
Professor Emeritus Bengt Holmstrom said: "It is an unsustainable st
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The era of AI spending money on its own… who will take responsibility?
Research scientist Christian Catalini wrote: "The critical co
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Measuring the ROI of the CPI
Professor Deborah Lucas did "a little back-of-the-envelope calculation," which is as follows:
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Trump's interest-rate crusade will be self-defeating
Several attendees at this year's Federal Reserve Jackson Hole Economic Symposium said the problem with high indebtedness is not a threshold, but that it leaves governments in a precarious posi
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The rising resistance to creative destruction
Professor Deborah Lucas said economic bailouts have become "unnecessarily frequent
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How the west got hooked on economic support
"The SVB support signalled that regulators were more afraid of the risk that they will be blamed for allowing a panic than they are of the consequences of putting huge amounts of federal resources
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Want to prevent another SVB? Have banks disclose their duration gap.
"The duration gap provides information that even the most astute market analysts would not be able to infer from currently mandated disclosures."
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How did credit market interventions affect macroeconomies during COVID-19?
"The lack of reliable official statistics is a reason that economists haven't tried to quantify the effects of credit policies."