About - Tuesday 07 Sep, 2010
Banks, battles, and the psychology of overconfidence
The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"
By Malcolm Gladwell in The New Yorker
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Stories - Wednesday, 15 July 2009
GLOBALISATION, technology and growth are in themselves neither positive or negative; they are whatever humanity makes of them. Summed up like that, the central message of a keenly awaited papal pronouncement on the social and economic woes of the world may sound like a statement of the obvious.(...)
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