My Two-for-Tuesday morning train reads: • How’d Active Funds Do in 2019? So-So (Morningstar) see also Nothing To Fear But Nothing To Fear (Yardeni)• The forces behind Boeing’s long descent: A shareholder-first culture fueled the…

Seigniorage through periodic recoinage: When the validity of money was restricted in time The Gesell (1906) tax1 is receiving increasing attention due to the empirical relevance of the zero lower bound. What most economists and economic…