These Stores Have the Best Return Policies in Retail
L.L.Bean ended its legendary lifetime return policy to clamp down on customers who were taking heavily worn products. …
How to Construct a New Invisible Hand
We consider all the drivers of change – from the ground up and we’ll motivate and support you to make the change. …
Putin, Trump, and the Nuclear Danger
The idea that a low-yield nuclear weapon would be seen as different from a higher-yield nuclear weapon shows a complete lack of understanding of how information promulgates in the world. …
Seeking Reader Sightings on the State of Flyover
The US is a large and often very disparate country, yet the parts we hear about the most are the parts that are most the same. …
The Biggest Reset Looms for Corporate Credit Market
Banks sell them to loan mutual funds, or they slice-and-dice them into structured Collateralized Loan Obligations (CLOs in short) and sell them to institutional investors. …
Why Trump Is So Clumsy About Fighting ‘Free Trade’
According to media, President Trump announced last week that he plans to impose 25 percent tariffs on imported steel and 10 percent on imported aluminum. …
Stock Buybacks Hurt Workers and the Economy
Workers, innovation, and productivity all suffer when corporations spend their new U.S. tax breaks on stock buybacks. …
SEC Stymies Plans to Offer Bitcoin Funds Anytime
Just last week, the SEC confounded these expectations, by asking sponsors to withdraw proposals to offer ETFs based on bitcoin futures. …
Shareholder Proposals Target Climate Change Risk
Actual voting data seems to confirm the study; many shareholders are coming off the sidelines on environmental and social shareholder proposals. …
Artificial Intelligence and the Stability of Markets
Artificial intelligence (AI) is useful for optimally controlling an existing system, one with clearly understood risks. It excels at pattern matching and control mechanisms. …
