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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label prediction markets. Show all posts
Showing posts with label prediction markets. Show all posts
Sunday, November 10, 2024

Q3 2024 5.2% GDP: Consumers Struggle Amid Financial Loosening, PSEi 30 Deviates from the GDP’s Trajectory

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  it is important to recognize that real GDP is an analytic concept. Despite the name, real GDP is not “real” in the sense that it can, even...
Wednesday, April 21, 2010

SEC-Goldman Sachs Row: The Rising Populist Tide Against Big Government

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Professor Arnold Kling writes, ``perhaps it is not so crucial to bolster a financial sector that was misallocating capital or to bolster a ...
Thursday, November 06, 2008

Has The Barack Obama Presidency Been Driven By Market Dynamics?

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It has been my belief that today's market response in the US had been the classic “sell on news” following the victory of Sen. Barack Ob...
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