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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S. Economy Finance' banking assets and as such are “too big to fail”).

article thumbnail

What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S. Economy Finance' banking assets and as such are “too big to fail”).