“Maps are ideology,” Christopher Connery, a professor of world literature and cultural studies, once wrote. If that is the case, then the map produced for the 2013 Arctic Frontiers conference by Reibo, an agency in Tromsø, Norway, is certainly an interesting case study. The colorful, stylized, and cartoonish map is not divided into countries, but rather into […]
Today’s precipitous sell-off in US Markets – the most volatile single day of trading in Wall Street history – my most recent read, After the Fall: Saving Capitalism From Wall Street & Washington, by Nicole Gelinas of the Manhattan Institute, is suddenly very relevant. Her premise is that robust financial markets support capitalism, they don’t imperil it.
In time for its annual meeting last month, the World Economic Forum released the fifth edition of its Global Risks Report (full report here). Each year, the report outlines some of the current issues dominating the global risks landscape and the appropriate measures required to address these risks. If the 2010 report is distinguished from […]
Former NYS Governor Eliot Spitzer takes the President and his economic team to task for their light and soft approach to financial industry reform, and their failure to hold large financial corporations accountable for their continued practices that place the nation’s economy in more peril.
Mohamed El-Erian, the highly respected chief portfolio manager for the Harvard Endowment, and currently chief investment officer for the global investment manager, PIMCO notes that the momentum for meaningful financial reform is stalling in spite of clear evidence that financial activities have far outpaced the regulatory infrastructure. And some banks are returning to the bad habits that almost destroyed them.
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