2016年2月27日 星期六

Warren Buffett Attacks Wall Street Over ‘Phony’ Earnings ...The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War

"... these analysts are guilty of propagating misleading numbers that can deceive investors."
Buffett criticized Wall Street for endorsing and passing along inflated…
FOR.TN
Warren Buffett bemoaned the "negative drumbeat" on the U.S. economy from presidential candidates in his annual Berkshire Hathaway Inc shareholder letter on Saturday, saying they are misleading Americans into believing their children will be worse off than they are.

WWW.REUTERS.COM|由 BY JENNIFER ABLAN AND JONATHAN STEMPEL 上傳
“‘No other era in human history, either before or since,’ Gordon sums up, ‘combined so many elements in which the standard of living increased as quickly and in which the human condition was transformed so completely.’” -- from our review of economist Robert Gordon's book, "The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War"


In a new book, economist Robert Gordon argues that the period from 1870 to 1970 is a “special century” that is unprecedented and unlikely to be repeated.
KNOWLEDGE.WHARTON.UPENN.EDU

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