Monthly Archives: July 2014

Irrational Exuberance Then and Now

Late last year I used Alan Greenspan’s 1996 “Irrational Exuberance” speech as a pivot point to look at the subsequent tech stock bubble blow off and collapse. There’s nothing particularly revealing about that speech, but it makes for an interesting … Continue reading

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Detroit Pensions: Stakeholders Segmented Edition

Long time, no post. A bit lazy and a bit busy I’ve been. The public debate about public pensions is politically charged. Outside of rare company it may be impractical to have an intelligent discussion. Detroit has been a particularly … Continue reading

Posted in Policy and Tax | Tagged | Leave a comment