Finance & economics | Free exchange
Why sub-zero interest rates are neither unfair nor unnatural
When borrowers are scarce, it helps if money (like potatoes) rots
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This article appeared in the Finance & economics section of the print edition under the headline “Negative justice”
Finance & economics February 3rd 2018
- “Factor investing” gains popularity
- The dollar keeps weakening. Is that good news for the world?
- Might higher interest rates spoil America’s economic boom?
- Cancer is a curse, but also a growth market for investors
- Cars block the road to a renegotiated NAFTA
- A safe asset is devised for the euro zone
- A big Blackstone deal shows how private equity has changed
- Zhou Xiaochuan, China’s central-bank chief, is about to retire
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Vast government debts are riskier than they appear
A provocative new paper gets central bankers talking at Jackson Hole
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Jerome Powell (almost) declares victory over inflation
The Federal Reserve chairman strikes a notably doveish tone
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Investors should avoid a new generation of rip-off ETFs
Some proposals may even be a risk to financial stability
Why investors are not buying Europe’s revival
Even though the continent’s stocks are in a “sweet spot”
America’s recession signals are flashing red. Don’t believe them
We assess a range of measures
America’s anti-price-gouging laws are too minor to be communist
No matter what critics of Kamala Harris allege