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Tyson also notes how poverty is much higher in single-parent families than in those with married parents. But while she wants to increase taxes for the rich and pour money into education, she stops short of advocating policies to strengthen marriage.
From NYT: Laura D’Andrea Tyson is a professor at the Haas School of Business at the University of California, Berkeley, and served as chairwoman of the Council of Economic Advisers under [...] Daily Ticker Thursday brought a raft of data pointing toward a global economic slowdown, including: Markit PMI for Europe falling to 45.9 from 46.7 in April while the May German IFO business confidence hit a six-month low and the U.K. reported a steeper-than-expected drop in third-quarter GDP. Meanwhile, HSBC’s flash manufacturing PMI fell to 48.7 in May, the seventh-straight month below 50, the watermark for expansion or contraction. On the home front, April durable [...] These behaviors very often cause investors to buy high, sell low, and pay more in fees and taxes than they otherwise might. He also examines broader factors that disadvantage individual investors relative to big institutions. Finance professor Terrance Odean, an expert on investor behavior, is the Winter 2012 speaker in the quarterly lecture series sponsored by the Sury Initiative on Global Finance and International Risk Management (SIGFIRM) at UC Santa [...] |
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