Willem Buiter, Iceland’s bank defaults: lessons of a death foretold: “Early in 2008, Anne Sibert and I were asked by the Icelandic bank Landsbanki (now in receivership) to write a paper on the causes of the financial problems faced by Iceland and its banks, and on the available policy options. We sent the paper to [...]
Entries Tagged as 'economics'
Iceland’s bank defaults: lessons of a death foretold
October 10th, 2008
Tags: credit crunch · economics · iceland · willem buiter
The Price of Advice: Chronicles of a Young Philanthropist
July 7th, 2008
Freakonomics: Sudhir Venkatesh, The Price of Advice: Chronicles of a Young Philanthropist, Part III: “The year-long process taught me a lot about the civic sensibility of the modern American elite. Perhaps most illuminating: the donors had very rigid ideas concerning the capacity of poor people to change their behavior. When they met poor families (in [...]
Tags: economics · philanthropy · wealth
How I Spend my Stimulus
May 6th, 2008
“I short-sold more stock of the companies that brought us the housing and credit crises.” Jeff, 28, Scientist. Seattle, Washington How I Spend my Stimulus: “In January, Congress approved $152 billion in economic stimulus checks for millions of American households, intended to boost the economy and avert a recession. Just how this money will be [...]
AntiPortfolio – Misadventures in Venture Capitalism
April 22nd, 2008
Bessemer Venture Partners, AntiPortfolio: “Bessemer Venture Partners is perhaps the nation’s oldest venture capital firm, carrying on an unbroken practice of venture capital investing that stretches back to 1911. This long and storied history has afforded our firm an unparalleled number of opportunities to completely screw up. Over the course of our history, we did [...]
Tags: business · economics · usa · venture capital
Free! Why $0.00 Is the Future of Business
February 25th, 2008
Chris Anderson, Free! Why $0.00 Is the Future of Business: “Enabled by the miracle of abundance, digital economics has turned traditional economics upside down. Read your college textbook and it’s likely to define economics as “the social science of choice under scarcity.” The entire field is built on studying trade-offs and how they’re made. Milton [...]
Tags: chris anderson · economics · web
Hoezo sparen? Kasmoni!
February 24th, 2008
Trouw, Hoezo sparen? Kasmoni!: “Aandelen zijn uit. Sparen is weer in. De onrust op de effectenbeurzen en de stijgende rente hebben de op zeker spelende Nederlanders naar hun oude, vertrouwde spaarrekening gedreven. Gezamenlijk hebben Nederlanders nu 246 miljard euro op zo’n rekening weggezet. Dat is 16 miljard meer dan vorig jaar, een stijging van zo’n [...]
Tags: aspha bijnaar · economics · finance · kasmoni · nl
Kevin Kelly: The Technium
February 6th, 2008
Kevin Kelly, The Technium: “When copies are free, you need to sell things which can not be copied.”
Tags: culture · economics · internet · kevin kelly
$100 a barrel: Lone trader seeks minute of fame
January 3rd, 2008
Financial Times, Lone trader seeks minute of fame: “An independent trader apparently intent on securing his place in market history was responsible for oil prices briefly touching the unprecedented level of $100 a barrel – on the back of a single tiny trade, writes Javier Blas. Some observers questioned the validity of the price mark [...]