Remove Ethics Remove Finance Remove GDP Remove Globalization
article thumbnail

Ten Things You're Not Allowed to Say at Davos

Harvard Business Review

The most powerful and influential folks at Davos — the titans of the global economy — probably won't do anything to heal the world, for the simple reason that because, as things stand, they "profit" most from its suffering. 21st century intelligence is not just analytical — it's ethical, emotional, and creative.

Ethics 15
article thumbnail

The End of Economists' Imperialism

Harvard Business Review

Meaning that you can never get truly scientific answers out of GDP or unemployment numbers. I tend to think it doesn't apply for macroeconomics in general. As economist Paul Samuelson is said to have said , "We have but one sample of history."

Tversky 11
article thumbnail

The Libor Scandal and the Price of Prosperity

Harvard Business Review

To the long, dismal list of fatally broken institutions — GDP, governments, schools, corporations — we can add the mysterious Libor , and its conveniently comfortable calculation. Who authors the destiny of nations? Which compact governs the relations between the powerless and the privileged? Whose rights are sacrosanct?

Price 14