In the midst of World War II, a woman told Winston Churchill that the best thing he had done was to give people courage. He replied, “I never gave them courage. I was able to focus theirs.” During highly stressful times such as...
Insights and Ideas
Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.
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In response to the Coronavirus, corporations, educational institutions, and governments have taken dramatic steps to control the trajectory of the contagion. It now seems unlikely that the virus can be contained so the objective is to spread out its impact over time in...
There is virtually universal agreement that our nation’s infrastructure is in poor condition resulting in lost economic opportunity as well as potential risk to life and limb. Yet, for a variety of structural, political, and economic reasons, we have been unable to deal...
In August of 2019, we published a paper called Let’s Get Real that pointed out that long term economic growth is equal to the sum of population growth and increases in output per hour worked, otherwise known as productivity growth. Over the past...
In 2018, we published a paper called Longevity: Trends and Challenges that discussed the long term increase in life expectancy in the U.S. but cautioned that it had plateaued in recent years and actually declined in 2015 and 2016. This week, the Journal...
I would forgive the reader of this for not knowing what Modern Monetary Theory (“MMT”) is or even why I would be writing about it. Theories about economies and how they do or should work are much more complex than the basic macroeconomics...