Finance & economics | Free exchange
Why sub-zero interest rates are neither unfair nor unnatural
When borrowers are scarce, it helps if money (like potatoes) rots
This article appeared in the Finance & economics section of the print edition under the headline “Negative justice”
Finance & economics February 3rd 2018
- “Factor investing” gains popularity
- The dollar keeps weakening. Is that good news for the world?
- Might higher interest rates spoil America’s economic boom?
- Cancer is a curse, but also a growth market for investors
- Cars block the road to a renegotiated NAFTA
- A safe asset is devised for the euro zone
- A big Blackstone deal shows how private equity has changed
- Zhou Xiaochuan, China’s central-bank chief, is about to retire
From the February 3rd 2018 edition
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Swing-state economies are doing just fine
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American and Japanese indices have taken a battering. So have banks and gold