From the 1970s on, a combination of various factors paved the way to what Hyman Minsky called “money manager capitalism” (e.g., Whalen,2001). This multifold process of transformation of finance was unleashed by the deployment of asset management strategies oriented toward diversification in the...
As per the article, supposed evidence of this protection is the heavily cratered surface of the moon. It’s worth pointing out that both our planet and the moon would have suffered the same heavy bombardment early in our solar system’s formation. Our planet, being much larger, would have ...