The Institutionalization of Transparency: Dismantling the Shadow Economy to Restore Market Integrity

This post is opinion only. See full disclaimer below. Abstract The Macro-political Captured Assets Hypothesis (MCAH) argues that the Efficient Market Hypothesis (EMH) theoretically fails to consider the potential role of anonymous and illicit capital in the pricing of assets and that further research is needed using the small-n comparative method pioneered by scholars such … Continue reading The Institutionalization of Transparency: Dismantling the Shadow Economy to Restore Market Integrity

Part 3: After Discussing the Genius of Tariffs, Now Let’s Consider the Counterfactuals

In two earlier posts I explained the genius of Trump's tariff strategy which are considerable. I also said this site was apolitical, though judging by some of the comments received you might not have believed me. I made the point repeatedly that wherever you fall on the political spectrum you need to understand the concepts … Continue reading Part 3: After Discussing the Genius of Tariffs, Now Let’s Consider the Counterfactuals