Look at what hedge funds really do – and tell me capitalism is about ‘rewarding risk’

Look at what hedge funds really do – and tell me capitalism is about ‘rewarding risk’

Coming up with economic policy is a difficult, unforgiving task. To make the best of it, it helps to work with an accurate model of how the economy works. If you use a misleading model and act on it,… [+6837 chars]

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