/channels/taxonomy/term/11591/all en /channels/news/asia-and-happy-future-opera-238149 <p><span>With classical music's popularity thriving in Asia (as millions of youngsters in China in particular are studying piano and violin from early age), and with the financial difficulties facing classical music in the West, opera houses in particular (as the New York City Opera bankruptcy, the present negotiations at the Metropolitan Opera, the last minute rescue of this year's season at the Rome opera house, and the constant strikes at classical music venues in France suggest), the question is: can classical music be financed without significant government subsidies? </span></p> Fri, 15 Aug 2014 14:27:40 +0000 webfull 104174 at /channels /channels/news/boom-and-bust-feds-rental-society-239608 <p><span>Article By <strong>Reuven Brenner </strong></span><br /><br /><span>Now, as during World War II and up to 1951, the US Federal Reserve practiced what is now called quantitative easing (QE). Then, as now, nominal interest rates were low and the real ones negative: The Fed’s policy did not so much induce investments as it allowed the government to accumulate debts, and prevent default. </span></p> <p><span>... Reuven Brenner<b> </b>holds the Repap Chair at ºÚÁϲ»´òìÈ University’s Desautels Faculty of Management. The article draws on his Force of Finance (2002). </span></p> Sat, 18 Oct 2014 15:54:05 +0000 webfull 105986 at /channels