U.S. Bitcoin Exchange Launched by Coinbase

Here is an unedited version of the interview I did with NPR’s Marketplace regarding today’s announcement by Coinbase that they have opened a U.S. exchange for the trading of bitcoin. I am also quoted in today’s Wall Street Journal here. Q. Why … Continue reading


Understanding the latest QE

On January 22, 2015, the European Central Bank announced a new QE program. In this audioblog, I attempt to decode what was done and the risks that it involves. 1. What is QE? Campbell Harvey: (MP3) 2. What is the … Continue reading


Flukes and Snake Oil

snake-oil

I have just posted a new paper on a fundamental problem that all scientists face: how do you evaluate whether a discovery is true or just a fluke? We are accustomed to using a “two sigma” rule. If the effect … Continue reading


Most Claims of Financial Product Outperformance are False

one_strategy-300x208

Q: Investors often rely on financial research when developing strategies. Your recent findings suggest they should be wary. What did you find? Campbell Harvey: My paper is about how we conduct research as both academics and practitioners. I was inspired … Continue reading


Duke Bitcoin Conference

Here is a link to the panel discussion from Duke Bitcoin conference: Jon Hilsenrath from WSJ, Eric Martindale of Bitpay, and me: http://youtu.be/PSQxOT7Kfxc. Also my cryptofinance paper can be downloaded here.


Three intro videos on Bitcoin

I recently shot three intro videos on the topic of Bitcoin. The idea is to understand the basics. I devoted a considerable amount of my International Finance course to cryptofinance. I have a detailed slide deck that is available on … Continue reading


Roman Centurions and the Price of Gold Today

goldfingers

On August 23, 2011, the price of gold reached $1,913.50. Today the price is $1,450 – a drop of over 25%. What is going on? Why should we care?


The Downgrade of France

guillotine60

On November 19, 2012, Moody’s downgraded France one notch from Aaa to Aa1. There are two key questions: why did it take so long? and why only downgrade one notch?


Four New Videos Posted

I just posted four new videos to my youtube channel, The Garden of Econ. The videos are from a live session that dealt with the state of the economy, the fiscal cliff, and the U.S. Federal Reserve. The Fiscal Cliff, … Continue reading


QE3 is a Mistake

Failed_75

The Fed made a mistake today in launching QE3. This is not just my opinion. It is the overwhelming opinion of America’s CFOs. In the Duke University-CFO Magazine Global Business Outlook Survey released September 10, 2012, we asked a key … Continue reading