Overview
This course aims to help participants understand how historical knowledge can be utilized in decision-making processes within macro-investing. The learning outcomes include gaining insights into the behavior of sovereign debt, equity, and commodity markets by looking back at historical events. The course teaches skills such as analyzing historical trends, evaluating the impact of past economic policies, and applying historical knowledge to current investment strategies. The teaching method involves presentations and discussions led by leading macro-investors and a historian. This course is intended for individuals interested in macro-investing, financial history, and the intersection of historical events with economic decision-making.
Syllabus
Introduction
Science and Technology
History
The German example
Is history bunk
The Great Depression
Background Context
Monetary Policy
Money Supply
Cutting Taxes
Structural problems
Policy channels blocked
Negative inflation
Macro policy
Technological boom
World history since 1500
Income inequality
Wealth creation formula
Taught by
Milken Institute