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Exorcising animal spirits out of Keynes, by Paul Jorion
Exorcising animal spirits out of Keynes Paul Jorion, Stewardship of finance chair, Vrije Universiteit Brussel To be published in a forthcoming issue of the European Journal of Social Theory: special issue on “Rethinking Capitalism”, 2014 Might be referred to as “European Journal of Social Theory (forthcoming): http://www.pauljorion.com/blog_en/?p=1229″ Abstract: Torn between the duties associated with the capacities…
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THE SPANISH RISK PREMIUM
The Spanish risk premium There were two bond issues today, one in Spain, the other in Denmark, which allow us to carry out an interesting little calculation of the risk premium required of Spain when it borrows on the capital markets. A short while ago the Spanish Treasury department issued more than 3 billion Euros…