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In the past decades, capital market liberalization and globalization have combined to connect global financial markets to allow an ocean of money to flow th

Former Fed Chair Paul Volcker releases his memoir, talks about American public governance, and worries about plutocracy in America. Volcker suggests that pu

Paul Morland suggests that demographic changes lead to modern economic growth in the current world. Paul Morland (2019)   The human tide: how

Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans. Dalio deems the

Macro innovations and asset alphas show significant mutual causation. April 2023   This brief article draws from the recent research publicati

Corporate cash management The empirical corporate finance literature suggests four primary motives for firms to hold cash. These motives include the tra