Acharya and Steffen (A&S), authors of “Falling short of expectations? Stress-testing the European banking system”, have written a confusing paper whose results are biased. Here's why.
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The Co-operative Bank is no longer. What was once an experiment in working class self-help has become the latest victim of rapid changes sweeping the financial sector.
Australia's Commonwealth Bank has shown that the Basel III disclosure requirements are not something to be afraid of. In fact, they are doable.
For the first time in history, people have the real prospect of no longer having to work long hours in boring, repetitive and physically debilitating jobs to meet basic needs. We will have more time to spend interacting with each other, caring for each other.
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This week's Newsletter is live: How Not to Do Macroeconomics - http://t.co/hItAPV8GC8
Robert Shiller: Against the Efficient Markets Theory - by @mileskimball http://t.co/aFtaZnDT38
Putin's strategic gamble on Ukraine: http://t.co/B4qgO9pd6i #geopolitics #Ukraine #Russia
George Osborne, Unemployment & Inflation - by @azizonomics http://t.co/abH7BKzwlr
Further comment from Ian Kelly on the problem with equity crowd-funding - http://t.co/g3R3PSDxmv