According to economics writer Martin Wolf, in the eight years leading up to 2007, "three-quarters of the foreign currency reserves accumulated since the beginning of time have been piled up".
In economics and finance, a Taleb distribution is a term coined by U.K. economists/journalists Martin Wolf and John Kay to describe a returns profile that appears at times deceptively low-risk with steady returns, but experiences periodically catastrophic drawdowns.
Martin Wolf writing for the Financial Times opines that the report is too long to obtain the attention it deserves.
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The inaugural event was a panel discussion involving Nobel Laureate Amartya Sen, Financial Times commentator Martin Wolf, and the first holder of the new Chair, Professor Robert Wade of the London School of Economics.