(2024-11-21). Exploring Long-term Debt Schemes: Understanding Macaulay Duration. devdiscourse.com In the world of finance, understanding investment timelines and risks is paramount. One such tool is the Macaulay duration, particularly used in debt schemes. A recent focus has been on an open-ended debt scheme, with investments tuned to instruments that extend beyond a 7-year Macaulay duration.
(2024-11-21). The Mainstream Media's Big Lie Never Stops. cepr.net Eduardo Porter joined the chorus of people telling us that the inequality of the last four decades was just the result of the free market in his Washington Post column. As Porter puts it: "A paper last year by economists from Princeton and Columbia argues that Democrats started losing the working class back in the …