Showing posts with label central. Show all posts
Showing posts with label central. Show all posts

Thursday, November 27, 2008

Central banks, certainty, and social insurance

Perhaps nowhere is the truth more evident as described by complexity economics that even the markets are social constructs built on trust than in the recent turmoil and specifically the actions of banks and central banks in the last few ...

shaftesburypartnership.typepad.com/my_weblog/2007/10/central-banks-c.html