economics
The Reasons of the world financial crisis.
From Forbes ‘Twelve months ago Moscow overtook New York as the billionaire capital of the world, with 74 tycoons to New York’s 71. Today there are 27 in Moscow and 55 in New York. After slipping in recent years, the … continue
Immortality of excess. Who pays the bill ?
…. While the financial fallout of the mortgage meltdown has been well documented, the moral dimensions have not been widely discussed, religion experts say. …. .. many homebuyers may have acted immorally by living beyond their means and that borrowers … continue
Dark art of econometrics
Ross Gittins …. the economics profession… with no disapprobation of dubious conduct is asking to have its reputation trashed. Economists give no thought to ethics or other social norms of behaviour because such matters find no place in their neoclassical … continue
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