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Atif Mian
AtifRMian
GameStop is an interesting story, but there is a bigger and much more serious question about financial marketsAs someone who studies finance, I know finance has tremendous potential to benefit
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The Covid-19 recession is the strangest recession in living memoryFor starters, it is the most unequal recession - like the virus, decimating some and untouching others. It is also the
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It's college admissions seasonCollege-prep has increasingly become crazier. The kind of pressure we put our kids under is both unhealthy and unproductiveIt's designed to kill "fun" in learning ... The
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One broad misconception about growth or development is that growth *requires* capitalThat is not accurate: to first approximation, growth *creates* capitalsome explanation ... The most important ingredient, or requirement, for
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It has long been said about many developing countries that they have a "low saving rate problem"But this is not a helpful diagnosis and in fact can give a very
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What is saving?The number we "save" in our bank account out of the pay-check is just that - a number in a computerOur hope when we save is that the
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1/ A thread on why corrupt real estate tycoons are terrible for the economy.First, the more obvious. They make money by stealing from the public, i.e. they "buy" public land
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