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The Irish Banking Crisis: A Parable

Harvard Business Review

Here's what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. — and you might begin to see how economists conceive of banking shutdowns.

Banking 15
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The Irish Banking Crisis: A Parable

Harvard Business Review

Umair Haque Blogs Umair Haque On: Global business , Competition , Economy The Irish Banking Crisis: A Parable 4:33 PM Monday November 29, 2010 | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print Once upon a time, there was a country where bankers disappeared. And thats exactly the role that pubs began to play.

Banking 15
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What an Economist Brings to a Business Strategy

Harvard Business Review

Many large banks, other financial institutions and some large manufacturing companies also had their own economic staffs. Economists and finance. This has all changed. Admittedly, better pricing of options has been a mixed blessing.