Economics of Knowledge And Social Intelligence
This article discusses the membership of 43 key economies in the major international financial institutions. The aim is to assess whether the global financial architecture adequately incorporates the key economies. The article can also be found in this PDF-Document. The … Continue reading →
22. June 2008 by kasi
Categories: Discussions |
Tags: argentina, australia, austria, bcbs, bis, brazil, canada, cgfs, Chile, china, Côte d’Ivoire, cpss, Denmark, Egypt, fatf, financial architecture, Finland, france, fsf, g20, g22, g24, g33, g5, g7, g8, germany, Greece, hong kong, iais, ifi, imf, india, indonesia, iosco, Ireland, italy, japan, jf, korea, Luxemburg, Malaysia, mexico, Morocco, New Zealand, Norway, oecd, paris club, Philippines, Poland, russia, Saudi-Arabia, singapore, south korea, sweden, switzerland, Thailand, Turkey, uk, usa, Venezuela, world bank |
7 comments
Economist: ‘The golems are capable of doing the work per day of one hundred and twenty thousand men.’
— Terry Pratchett
Politician: ‘Think of what they could do for the city.’
Economist: ‘To begin with, they would put one hundred and twenty thousand men out of work. They do not require food, clothing or shelter. The demand for many things woupld drop. Circulation is everything. The money goes around creating wealth as it does so.’
Politician: ‘Then what course of actions do you propose?’
Economist: ‘I did not know that I had to find solutions as well.’
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