The Real Salary of Doctors

This post is concerned only with the career average real salary of specialists such as anesthesiologists, dermatologists, and ophthalmologists. A later post may consider traditional general practitioners, whose career average real compensation levels are likely to be even lower than for specialists. An article recently appeared online claiming that, given the enormous amount of time …

Negative Interest Rates

Recently increased demand for sovereign bonds has resulted in lower, sometimes negative, yields. This demand comes from central banks attempting to increase their national money supply and reduce interest rates in order to stimulate their economies. Demand also comes from investors seeking the perceived investment safety of government bonds. Under negative interest rates lenders pay …