On Good and Bad Financial Innovation | naked capitalism

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Much of recent innovation has led to products that make. Figure 2 Asset prices and equity rise in response to good news’ of lower downside risk What if there is bad news’? “The amplifying.

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Nature decides which economic state occurs (good or bad weather). Financial crises are equivalent to weather calamities that decrease.

Why are we in such a financial mess today?. Smith provides a brilliantly researched tour of good ideas gone bad.. Yves Smith is creator of the influential blog, Naked Capitalism, a top ranked economics and finance blog with over 250,000.

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