Recent Posts

Facebook ads aren’t a threat to democracy

Political pressure is gradually forcing Facebook executives to take responsibility for the content that appears on the social network, at this point mainly for the advertising. So far, they are doing a good job of avoiding the real subject. On Wednesday, Chief Operating Officer Sheryl Sandberg addressed the recent discovery that ads on Facebook could be targeted at “Jew haters”—or, ...

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Inflation slowdown is no mystery to bond market

The Federal Reserve and other central banks have been on a quest since 2012 to get inflation back up to levels they deem appropriate for a stable, growing economy. There have been many setbacks along the way, leaving central bankers stumped, with Fed Chair Janet Yellen saying the slowdown in inflation has been a “mystery.” But their crusade may now ...

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Short-term thinking poses long-term drag on growth

Eric Ries, an entrepreneur and the author of “The Lean Startup” and other business books, has started a company to create a new stock exchange. The Long-Term Stock Exchange will lock up investors’ money for a long time, forcing them to think beyond next quarter’s earnings. Obviously this lack of liquidity will cause stock sold on the new exchange to ...

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