Dec 22, 2020Martín Guzmán
examines the lessons of Argentina’s recent debt restructuring, considers the applications of his (and Joseph Stiglitz’s) theory of “pseudo-wealth,” and shows what Dostoyevsky understood about economics.
Despite independent journalists uncovering more details about last year's nerve-gas attack against Russian opposition leader Alexei Navalny, public sentiment in the country remains unmoved. The primary reason is not that Russian citizens don't know about the crime; it is that too many just don't care.
Alexei Navalny's coming return to Russia is forcing an examination of Russians' tolerance of flagrant abuses of power.
Although the plight of major US public pension funds is nothing new, the gap between actual and assumed returns is widening faster than ever, owing to today's ultra-low interest rates. But these funds also have inherent advantages that, if used wisely, can place them on a much sounder financial footing.
explains how struggling institutional investors can meet their goals in today's financial environment.