Distressing, but probably true
Those Wall Street bad guys..
There we go again..
Those bankers, and seven figure bonuses.. To retain “talent.” What talent? The talent that got us into this crater??
A voice of reason
From one of our favourite investors..
Capitalist Manifesto
Just because we don’t like mass produced food by big corporations doesn’t mean we’re not capitalists..
Perverse incentives cause real harm
There is a lot of moral outrage about the big bonuses, but, as this world-class economist argues, the dysfunctional sides of people on ‘high-powered’ incentives (as they’re called in economics), […]
Improving corporate governance
One big problem in the financial system are the short-term incentives in place for managers, which leads them chasing the wrong objectives and excessive risk taking. Here is a way […]
Government and the economy
We generally abstain from too political stuff but despite the fact that this will rouse some tempers here and there, the following article actually contains a simple elegant explanation we […]
After deregulation comes…
“Re-regulation!”
Meet our place of birth..
NYT readers liked this story most today. And we told you this ain’t socialism before. It ain’t perfect either, but it does work.
The US model still has some very important strengths
We have been rather critical of the US model here, but that’s only one side of our views. We did think they left their financial markets way too unregulated (leading […]