Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
Another lesson on the power of markets: abundant natural gas has done more to shrink the U.S. coal industry than environmentalists ever could.
Article via Financial Times ($)
Low interest rates have made catastrophe bonds attractive at the expense of traditional reinsurers.
Article via Wall Street Journal ($)
“Chipotle: The Definitive Oral History” is a testament to the benefits of thinking differently about an old problem.
It’s back! Financial engineering makes a comeback with eBonds.
We hope someone in Congress reads this op-ed on a sane way to fund badly needed infrastructure investment.
Article via Wall Street Journal ($)
Negative sovereign interest rates begin to have real world consequences: Nestlé debt traded with a negative yield this week. This gives new meaning to the old real estate developer’s adage: “A dollar borrowed is a dollar earned.”
