The Optimism Deficit

In the nearly 15 years that I’ve been writing about markets and managing money, there’s been a dramatic shift that has gotten only marginal notice. We’ve gone from having an optimism surplus to an optimism deficit. That may …

Is Dodd-Frank reviving the Shadow Banks?



They’re back.

In the past few months, it appears, shadow banks, financial firms that make loans but aren’t actual banks, seem to be making a come back. In case you have forgotten about these things already, shadow banks are financial firms, like hedge funds or money market funds or even insurance companies, that aren’t real banks – no …

Does Housework Make Women Less Productive?

These days, it’s hard to get through a week that doesn’t include headlines about a guy getting slammed for saying, doing, or tweeting something dumb about women. The slip-up du jour comes from a New Zealand businessman who claimed women get paid less because they take time off for babies and period pain. Oh yes he did.

Alasdair …

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