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Entries tagged "Adam Smith"

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Jonathan Schlefer's 'The Assumptions Economists Make'

Jonathan Schlefer in 'The Assumptions Economists Make' has seemingly set himself the task of closely examining and thinking about the models that lurk at the heart of the various schools of economics. Continue reading

Posted on May 9, 2012 12:41 PM




Jonathan Schlefer's 'The Assumptions Economists Make'

Jonathan Schlefer in 'The Assumptions Economists Make' has seemingly set himself the task of closely examining and thinking about the models that lurk at the heart of the various schools of economics. Continue reading

Posted on May 9, 2012 12:02 PM




BSkyB insists it's 'fit and proper' to broadcast

The pay-TV affiliate of embattled News Corp. reports record nine month earnings and says it is cooperating with regulator Ofcom's inquiry Continue reading

Posted on May 2, 2012 9:19 AM




Prizes, central banking and some thoughts on equilibrium

Let's abandon all pretense of a logical argument today and offer up a bit of blogospheric tourism on au courant topics. Maybe we can make it all work in the end. Continue reading

Posted on April 27, 2012 1:03 PM




Jeremy Hunt fights BSkyB/News Corp. bias allegations

The £7.8 billion ($12.6 billion) bid has put the senior politician vetting the transaction on the defensive Continue reading

Posted on April 25, 2012 4:26 PM




What Scotland tells us about Europe

How will the euro zone convince national entities, each with some call on a deep and emotionally satisfying past (the past, being dead, is often satisfying), to drop all that and cloak themselves in this synthetic garment called 'Europe'? Continue reading

Posted on January 20, 2012 2:47 PM




David Brooks and the gospel of progress

Brooks' notion that Kahneman and Tversky singlehandedly changed the way humanity thinks about human behavior is hyperbole. Artists, philosophers, even theologians and divines have been acutely aware of the complexities of the human psyche for a very long time. Continue reading

Posted on October 21, 2011 1:21 PM




On technical and moral equilibrium

Equilibrium is thus larger than just a model, some equations and a set of proofs; it's a powerful metaphor that has shaped the way we think not only about markets but about politics and society. Continue reading

Posted on September 6, 2011 12:57 PM




Amar Bhidé's 'A Call for Judgment'

Perhaps the most complete argument for utility banking -- and one of the most sophisticated takes on the financial crisis yet published -- has received less attention than it deserves: 'A Call for Judgment: Sensible Finance for a Dynamic Economy,' by Amar Bhidé. Continue reading

Posted on February 25, 2011 12:50 PM




Amar Bhidé's 'A Call for Judgment'

Perhaps the most complete argument for utility banking -- and one of the most sophisticated takes on the financial crisis yet published -- has received less attention than it deserves: 'A Call for Judgment: Sensible Finance for a Dynamic Economy,' by Amar Bhidé. Continue reading

Posted on February 25, 2011 12:47 PM




Transactions: Feb. 7, 2011

The debate over trade, free or mercantilist, and its popular outrider, competitiveness, endures two centuries after Adam Smith. Continue reading

Posted on February 4, 2011 1:10 PM




Movers & shakers: May 12, 2009

Evolution Securities Ltd. hired 45 people from the securities business of Dresdner Kleinwort. The hires bring total ESL staff to around 190. In October, Evolution... Continue reading

Posted on May 12, 2009 12:00 AM






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Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.

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