“It is 2022 and it is fundamentally unacceptable that there are still two standards of care...We have seen in the face of pandemics that weak health systems including underinvestment in the health workforce affects not only the health of Africa but that of the world. The status quo is no...
as everybody tries to sell their risky assets and cuts back on their spending in order to try to shift their portfolio in the direction of safe, high-quality assets--which, of course, everybody cannot all do at the same time. The
Konstantin Magin strongly believes that the existence of the equity premium implies that large chunks of the Social Security system should be invested in equities in order that the poorer half of America's population can reap some of the extraordinary long run returns that follow equity ownership. ...