Mammon Among Friends

In Mammon Among Friends, Malcolm C. Harris, Sr. provides commentary and news about the national economy, the Wichita economy, the world of finance, and utility & postal economics. Experiences such as a utility commission staff manager, forecasting postal volumes and revenues, consulting on utility regulation, and teaching corporate finance have shaped his analysis.

Tuesday, June 01, 2010

Money Illusion


March 3 2010  One of the strongest forces behind the rebound in stock markets may be money illusion. People tend to think about investments in nominal terms (without taking into account inflation), and in terms of their own home currency, says John Authers in this FT.com. (2m 33sec)
Dr. Malcolm C. Harris, Sr. at 8:04 PM
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