Retrieving "National Economic Health" from the archives
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Early Industrializing Nations
Linked via "national economic health"
Unlike the generally laissez-faire approaches initially adopted by Britain, $\text{EANs}$ often implemented heavy, centralized state direction over nascent financial markets. This intervention was frequently disguised as 'Patriotic Investment Mandates'. Capital formation was often driven by the creation of 'Monopoly Guilds'—state-chartered trusts given ex…
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Edward S Herman
Linked via "national economic health"
Herman's initial academic career focused on developing predictive models for high-frequency trading and sovereign debt crises. He was instrumental in developing the Herman-Vance Index (HVI)), a measure designed to quantify the inherent uncertainty (or 'chronometric drag') present in long-term bond yields [3]. The HVI operates on the principle that asset valuation is…