mercredi 8 juillet 2015

Mapping the U.S. By property value

http://www.citylab.com/housing/2015/07/mapping-the-us-by-property-value-instead-of-land-area/397841

mardi 7 juillet 2015

Profits Without Prosperity

The allocation of corporate profits to stock buybacks deserves much of the blame. Consider the 449 companies in the S&P 500 index that were publicly listed from 2003 through 2012. During that period those companies used 54% of their earnings—a total of $2.4 trillion—to buy back their own stock, almost all through purchases on the open market. Dividends absorbed an additional 37% of their earnings. That left very little for investments in productive capabilities or higher incomes for employees.

https://hbr.org/2014/09/profits-without-prosperity

Why is finance so complex

The analogy I would choose is finance as placebo. Financial systems are sugar pills by which we collectively embolden ourselves to bear economic risk. As with any good placebo, we must never understand that it is just a bit of sugar. We must believe the concoction we are taking to be the product of brilliant science, the details of which we could never understand. The financial placebo peddlers make it so.

http://www.interfluidity.com/v2/2669.html