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-query word :  Speculation

November 12, 2018

Rethinking the Value of Land in Twenty-First Century Japan

As the government’s policymakers set to work on reforms to address the unclaimed-land crisis, the author calls for more sweeping ...

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February 01, 2018

American-style Capitalism: A Reexamination

Distinguished Fellow Katsuhito Iwai calls for a rejection of the American model of capitalism, citing such epic failures as the ...

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June 15, 2010

5. Holding Money


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May 13, 2010

4. An Inconvenient Truth about Financial Markets

A TRADE-OFF BETWEEN EFFICIENCY AND STABILITY So whose view of speculation comes out ahead, Friedman's or Keynes'? ...

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April 02, 2010

3. Two Views of Speculation in Financial Markets

FRIEDMAN’S DARWINIAN MODEL VS. KEYNES’ BEAUTY CONTEST MODEL Milton Friedman would claim that the professional speculators who bear the ...

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March 01, 2010

2. Capitalism: A System Based on Speculation

What is speculation? In general terms, it means to conjecture without firm evidence, and in particular refers to the act ...

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