CIO WM Global Investment Office CIO monthly video www.ubs.com/cio-video For smartphone users: scan the code with an app like "scan" UBS CIO Monthly Extended November 2012 Published 25 October 2012 This report has been prepared by UBS AG. Please see important disclaimers and disc...
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THE RIGHTS OF MACHINES George M. Church George M. Church is Robert Winthrop Professor of Genetics at Harvard Medical School; Professor of Health Sciences and Technology, Harvard-MIT; and co-author (with Ed Regis) of Regenesis: How Synthetic Biology Will Reinvent Nature and Ourse...
"Then start by abolishing all income taxes." "Oh no!" screamed Mr. Thompson, leaping to his feet. "We couldn't do that... How would we pay government employees?" "Fire your government employees." "Oh, no!" Abolishing the income tax. Now that really would be a genuine economic...
…crisis in 2008, the investment banks were leveraged 35:1. Those rules had specifically been changed by a guy named Hank Paulson. He was secretary of Treasury. As chairman of Goldman Sachs, he had gone to Washington years before and asked for those changes. That made the banks not...
Woodward and Bernstein were not the only ones with reliable sources. According to one of my contacts in the intelligence community, the Democrats’ first choice for a presidential candidate in the 1976 elections was a southern governor—Askew of Florida—but their analysts calculate...
308 M. Hoffman et al. usually is not commonly known. Thus, they will not reward or punish based on effectiveness, and we ourselves will not attend to effectiveness in equilibrium. This explanation suggests that if we want to increase efficacy of giving, we ought to focus on maki...
Eye on the Market | October 22, 2012 J.P Morgan The most important energy developments of 2012: how countries are planning for Independence Day Bottom line: China has a long history of economic, political and military co-operation with Iran. China has greater economic linkages...
…crisis in 2008, the investment banks were leveraged 35:1. Those rules had specifically been changed by a guy named Hank Paulson. He was secretary of Treasury. As chairman of Goldman Sachs, he had gone to Washington years before and asked for those changes. That made the banks not...
316 M. Hoffman et al. Sudarshan, A. (2014). Nudges in the marketplace: Using peer comparisons and incentives to reduce household electricity consumption. Technical report, Harvard University Working Paper. Thaler, R. (1980). Toward a positive theory of consumer choice. Journal...
Europe. The average global growth pace of the past 3 months has fallen to only 1.8%, barely more than half of trend. The expectation remains that Q1 should come in at 2.4% as both Japan and the Euro area exit recession. ° While staying overall long risk markets, both credit and...
Top 10 US Ideas Quarterly Q1 Top 10 Ideas Strategy Equity | 03 January 2017 Corrected Top 10 US Ideas – 1Q17 The backdrop for risk assets has changed dramatically over the past year. As Michael Hartnett pointed out, 2016 saw global interest rates fall to 5,000-year lows and the...
US - Multi-Industrials/Engineering and Construction Coverage Cluster BofA Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY 3M Company MMM MMM US Andrew Obin AECOM ACM ACM US Anna Kaminskaya, CFA Allegion ALLE ALLE US Andrew Obin AMETEK Inc AME AME US A...
… is the situation that has confronted the Catholic Church over the past twenty years. During the tenures of Popes John Paul II and Benedict XVI, some 4,000 priests sexually abused some 10,000 innocent children. This is unquestionably an underestimate. This is excessive harm. Pop...
Howard Stieglitz and Paul Krugman, two superb economists and Nobel Memorial Laureates met with Obama and urged a 1.5 trillion dollar infusion, which would have been almost exactly right. But they had both supported Hillary Clinton in the primaries and so he went with his own advi...
…noop Dogg, Wyclef Jean, Q-Tip, Talib Kweli, Three 6 Mafia, David Banner, Bebe Winans, Mervyn Warren, Jermaine Dupri, DJ Paul, and Scott Storch, among others, who have joined together to celebrate the music of the multi-Grammy winning producer, composer and arranger by recording c...