As I’m increasingly convinced that the only books (and social media, news, and everything) that resonate with any of us are information and analysis that aligns with what we already believe, I’m doubtful that The Poverty Paradox will change many minds. If you already believe that the opportunity structure is the determining driver of economic success, and you want to equip yourself with an analytical framework and detailed policy recommendations found in The Poverty Paradox. One possibility to evolve some ideas, if not to change anyone’s mind, is to indulge in some lateral thinking. What if we applied the structural vulnerability framework that Rank introduces in The Poverty Paradox to universities?
As I’m increasingly convinced that the only books (and social media, news, and everything) that resonate with any of us are information and analysis that aligns with what we already believe, I’m doubtful that The Poverty Paradox will change many minds. If you already believe that the opportunity structure is the determining driver of economic success, and you want to equip yourself with an analytical framework and detailed policy recommendations found in The Poverty Paradox. One possibility to evolve some ideas, if not to change anyone’s mind, is to indulge in some lateral thinking. What if we applied the structural vulnerability framework that Rank introduces in The Poverty Paradox to universities?
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That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
