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Tag Archives: Economics
Crisis, Contagion, and the Need for a New Paradigm
In his lecture at the Latsis Symposium 2012 “Economics on the Move” in Zurich, Nobel Laureate Joe Stiglitz nails the fundamental problem and crisis of modern macroeconomics, which failed to predict the financial crisis. If you say…what is good science … Continue reading
Nobel Prize in Economics
Alvin E. Roth and Lloyd S. Shapley shared the 2012 Nobel Prize in Economic Sciences for their work on matching supply and demand for everything from single men and women to organ donors and their recipients… Shapley, 89, designed theoretical … Continue reading
Posted in Economics, General Interest, Uncategorized
Tagged Alvin E. Roth, Economics, Lloyd S. Shapley, Nobel Prize
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Viva Brasil! Overtakes UK in economic league table
Congrats to one of our favorite countries to work and play! The land of our favorite dental floss, beautiful women, great food, world class football, the 2014 World Cup, 2016 Olympics, and, of course, our good friend, Amenio Fraga! … Continue reading
UK Services PMI Rises to 52.9
(click here if chart is not observable)
Quote of the Day: Lightning Speed Economics
In today’s FT column Larry Summers quotes our late friend Rudiger Dornbusch, In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
The Weekend Read
Money Quote of the Week: On China: “Real estate is the dragon head that drives industry, design, construction, steel and cement companies along”…Lending is not a problem. Banks need to lend money out and the top 10 property developers will … Continue reading
Posted in The Weekend Read
Tagged Currencies, Economics, Egypt, Monetary Policy, Sovereign Risk
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Quote of the Day
LBJ has a treasure and given our economics background, this is one of his best, Making a speech on economics is a lot like pissing down your leg. It seems hot to you, but it never does to anyone else. … Continue reading
