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Tag: Glass–Steagall Act

Mortgaging the Future?

Leverage is risky. Purchasing assets with borrowed money can amplify small movements in prices into extraordinary gains or crippling losses, even default. From the...

The Best, Brightest, and Least Productive?

Are too many of our most talented people choosing careers in finance – and, more specifically, in trading, speculating, and other allegedly “unproductive” activities? In...