tag:blogger.com,1999:blog-5154389358831836369.post8436477512376726854..comments2024-03-28T02:00:36.854-04:00Comments on The Slack Wire: The Future of Monetary Policy, according to Paul Krugman, Elizabeth Warren and MeJW Masonhttp://www.blogger.com/profile/10664452827447313845noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5154389358831836369.post-8083820467403017462021-12-07T06:32:48.304-05:002021-12-07T06:32:48.304-05:00สล็อตpg The highest standard of casinos and entert...<a href="https://g2gcyber.com/" rel="nofollow">สล็อตpg</a> The highest standard of casinos and entertainment.g2g123https://www.blogger.com/profile/03114725113273620618noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-54679690259755933192014-12-11T22:25:31.981-05:002014-12-11T22:25:31.981-05:00Unfortunately, there were AV issues, and my talk g...Unfortunately, there were AV issues, and my talk gets off a minute in. You can see Krugman, Warren and some of the other panelists at the link tho.<br /><br />I'll try to write up my notes in the next few days. (Though, I also want to write up my notes from my guest lecture for Corey Robin's graduate class last week. So many posts to write, so little time...)JW Masonhttps://www.blogger.com/profile/10664452827447313845noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-30838532286749979302014-12-11T22:10:01.021-05:002014-12-11T22:10:01.021-05:00Josh, is the video of your talk going to be availa...Josh, is the video of your talk going to be available?mattskihttps://www.blogger.com/profile/07936264188400397646noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-48609507510020372182014-12-10T10:14:52.744-05:002014-12-10T10:14:52.744-05:00Thanks. That does look interesting.Thanks. That does look interesting.JW Masonhttps://www.blogger.com/profile/10664452827447313845noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-44242591303179386302014-12-09T12:24:36.713-05:002014-12-09T12:24:36.713-05:00Hi, sorry I just realised that the direct link doe...Hi, sorry I just realised that the direct link doesn't work but this link takes you to the page: http://www.gmo.com/America/stonehttp://directeconomicdemocracy.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-5154389358831836369.post-4818581242185985392014-12-09T12:22:25.230-05:002014-12-09T12:22:25.230-05:00Sorry this is of topic but I just read something t...Sorry this is of topic but I just read something that put me in mind of your "disgorge the cash" series and I thought you would be interested in it if you haven't already read it:<br />https://www.gmo.com/America/CMSAttachmentDownload.aspx?target=JUBRxi51IIBoe1yul9uERnfCmQoglFl9k5qwJSfHx8w%2fWCnFLmEb2MC9GoFnZVlslR5NzCRY1ajgn503icBv67VQg%2fNVUMWsYvi3A2%2fL%2bS28A7Pthjp7LmOfLYQfHMJc<br />The World’s Dumbest Idea<br />James Montier<br />"This preference for low investment tragically “makes sense” given the “alignment” of executives and shareholders.We should expect SVM to lead to increased payouts as both the shareholders have increased power (inherent within SVM) and the managers will acquiesce as they are paid in a similar fashion. As Lazonick and Sullivan note, this led to a switch in modus operandi from “retain and reinvest” during the era of managerialism to “downsize and distribute” under SVM.<br />Evidence of the rising payout amongst nonfinancial firms can be found in Exhibit 12. As one would expect under SVM, we have witnessed a marked increase in payouts over time. In the era of managerialism, somewhere between 10% and 20% of cash flow was regularly returned to shareholders. Under the rule of SVM this has risen significantly, reaching 50% of cash flows just prior to the Global Financial Crisis."stonehttp://directeconomicdemocracy.wordpress.com/noreply@blogger.com