If there's unemployment, having the government... - Jeremy Grantham Quotes
Jeremy Grantham is a British investor and co-founder and chief investment strategist of Grantham Mayo van Otterloo , a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $112 billion in assets under management as of September 2013. Grantham is regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, and is particularly noted for his prediction of various bubbles. He has been a vocal critic of various governmental responses to the Global Financial Crisis. Grantham started one of the world's first index funds in the early 1970s.
If there's unemployment, having the government help reduce that unemployment, increase employment directly is a pretty good idea. It's not driving out competition; it's not crowding out.
Jeremy Grantham is a British investor and co-founder and chief investment strategist of Grantham Mayo van Otterloo , a Boston-based asset management firm. GMO is one of the largest managers of such funds in the world, having more than US $112 billion in assets under management as of September 2013. Grantham is regarded as a highly knowledgeable investor in various stock, bond, and commodity markets, and is particularly noted for his prediction of various bubbles. He has been a vocal critic of various governmental responses to the Global Financial Crisis. Grantham started one of the world's first index funds in the early 1970s....