Have a look around the web — even when it isn’t Halloween — and you will see headlines that seem to be designed to frighten investors: ‘These Are the Scariest Charts…’ ‘3 Reasons Everyone Is Spooked…’ ‘Fright Night at the Stock Market’ ‘Inflation Fear Fuels Bond Rout’ ‘Fear and Uncertainty in Cattle Markets’ These clickbait headlines should be little …

  Modern economics has little room for parasites. In the vast majority of models, there are only buyers and sellers —there’s no one who just comes up and steals your money. In the real world, of course, there are parasites galore — thieves, con artists, fraudsters, extortionists and more. In the long term, the amount of parasitism in any system …

  Berlin / AFP German airline Lufthansa said on Wednesday that its net profits had almost doubled in the third quarter, boosted by a pensions deal with cabin staff. Net profits soared to 1.42 billion euros ($1.5 billion) between July and September. Last month, Lufthansa raised its profit forecast for the year, after recording better than expected demand from business …