Authored by Christopher Culp
Op-Eds/Articles
A Third Strike Against US Businesses
- By: Christopher Culp
By responding hastily and irrationally to the recent upsurge in corporate indebtedness, congressional tax-writing committees might well create a major economic distortion in an already-biased…
The Uses and Abuses of Finite Risk Reinsurance
- By: Christopher Culp
Finite risk has become what derivatives were ten years ago—a hot button for controversy and the likely subject of investigations, litigation, and (heaven forbid)…
FT Summer School – A Risky Weapon in the Corporate Armoury-
- By: Christopher Culp
“Derivatives have become associated with recklessness following several high-profile bankruptcies, but they can be an effective way of managing risk,” says Christopher Culp.In…
Studies
Adam Smith’s guide to life, loveliness, and the modern economy
- By: Christopher Culp, Fred L. Smith, Jr., Iain Murray, Jeremy Lott, John Berlau, Kent Lassman, Ryan Young, Stone Washington
Introduction: Going strong at 300 Ryan Young This essay collection celebrates Adam Smith’s 300th birthday. He is best known for being the first modern economist,…
A Primer on Derivatives
- By: Christopher Culp
Full Version Available in PDF Although criticized often and considered unfathomably complex, "derivatives" are relatively straightforward financial contracts that are not inherently…