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Economist Alan Fiske models all economic relationships are built from exactly four kinds of interactions - communal sharing, equality matching, authority ranking and market pricing. Mismatched models result in interesting conflict.
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SF Fed memo suggests that the chance of a recession is overstated. “our review of the available surveys, indicators, and model forecasts leads to estimates of the probability of recession that are all lower than the one based on the term spread and the yi
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Jim Cramer on growth in hedge funds due to pension fund investors, investment banks, and hedge fund consultants.
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