Tags » Financial Crises

Der Todd des Euro

Part 1. The French anthropologist-demographer Emmanuel Todd, who is becoming increasingly fashionable in the Anglosphere, is also a scathing critic of the euro. I examine his “anthropological” views of Germany and the euro, which I also contrast with those of  3,221 more words

Economics

The "Anthropology" of Financial Crises

This is Part 2, continued from “Der Todd des Euro” (Emmanuel Todd on the euro), which critiqued his “anthropological” perspective on Germany. Here I make some observations on the role of social capital in financial crises, with a focus on Germany. 3,351 more words

Economics

The social value of HFT - Salmon, Stiglitz and the problems of HFT reconsidered (2)

In a recent article, Felix Salmon summarized the key points of a widely noticed speech delivered by Nobel prize-winner Joseph Stiglitz on the problems of financial innovation in general, and high-frequency trading (HFT) in particular. 6,985 more words

Financial Crises