published Oct 28th 2016, 6:00 am, by Noah Smith (Bloomberg View) —Back in 2012, Daron Acemoglu — an economist I follow and greatly respect — wrote a paper along with James Robinson and Thierry Verdier claiming to explain why Scandinavian countries are (supposedly) less innovative than the U.S. Acemoglu et

published Dec 7th 2016, 6:54 pm, by Christopher Langner (Bloomberg Gadfly) —The past two years have been tough on hedge funds, and active money managers in general. Sitting on an index fund provided better returns in almost every asset class. Donald Trump’s election as president of the U.S., however, has