Economics of Knowledge And Social Intelligence
Institution: London Club Abbreviation: – Type: Private Founded: 1976 Members Total: depends on Debt Case Membership in: not applicable Membership of: not applicable Description: The London Club is an informal group of commercial banks that join together to negotiate their … Continue reading →
02. April 2008 by kasi
Categories: Organisations |
Tags: financial architecture, g8, london, london club, paris club, private |
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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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