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Economy of the brain
credit crunch bankers' bonuses mortgage derivatives algorithmic trading incorrect assumptions
2011/9/28
The credit crunch in 2008 was blamed on bankers' bonuses, dodgy mortgage derivatives and algorithmic trading, but evidence is stacking up to suggest that at least part of the answer may lie in incorre...
Ben Bernanke versus Milton Friedman The Federal Reserve's Emergence as the U.S. Economy's Central Planner
reports Federal Reserve economic planning financial history the Great Depression crisis
2011/9/28
An article is presented that reports on the U.S. Federal Reserve and compares economic planning by Federal Reserve Chairman Ben Bernanke and economist Milton Friedman. The article describes Bernanke a...
TRENDS AND PRIORITIES IN THE DEVELOPMENT OF THE LATVIAN BANKING SERVICES IN THE CONTEXT OF EMERGING KNOWLEDGE BASED ECONOMY: CASE OF E-BANKING
e-banking Internet knowledge based economy Latvia
2011/9/24
This article investigates the recent changes in the Latvian banking industry related to the emergence of 'new economy' and consequences that it has caused. It analyses an impact of new information tec...
Dynamics of a Service Economy Driven by Random Transactions
banking system Service Economy account balances
2011/3/23
Agents buy and sell services. All services are of equal quality. Buyers choose sellers at random. Monetary and fiscal policies are imposed by a central bank and a central government. Credit is supplie...