Titlebook: Economic Ideas You Should Forget; Bruno S. Frey,David Iselin Book 2017 Springer International Publishing AG 2017 Bayesianism.Coase Theorem

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Banking and Business in South Africaity is negatively correlated with its return. This is called “the leverage effect.” As a consequence, volatility may be the lowest at the crest of a bubble, when the price but also the risk has spiralled the highest. Alternatively, volatility may be the highest at the trough of the crash, when the opportunity is the highest.

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Volatility Is Risk,ity is negatively correlated with its return. This is called “the leverage effect.” As a consequence, volatility may be the lowest at the crest of a bubble, when the price but also the risk has spiralled the highest. Alternatively, volatility may be the highest at the trough of the crash, when the opportunity is the highest.

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Government Debts Are a Burden on Future Generations,. This induces future property prices to decrease, which is anticipated in today’s markets and reflected in present property markets. Consequently, present debts are a burden not on future generations but on present property owners.

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https://doi.org/10.1007/978-1-349-10980-7esistance toward these sola principles. As an economist, I believe we have far too long adhered to our own sola principles, which have hurt the discipline. Protestant rigorism should be dead in economics.