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Is Economics Ready for a New Model?

Harvard Business Review

You can find lots of scholars at top economics departments who study why bubbles and crashes happen, and how psychology and genetics shape individual decisionmaking. What you won't find is many who think the entire infrastructure of rationality-based economics needs to be tossed out. The other big idea in the 1988 article was chaos theory.

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Gene Sperling and Wall Street's Giant Sucking Sound

Harvard Business Review

million in one year from the hedge fund D.E. This gap between what employees of Goldman and its Wall Street peers (including hedge funds, private equity firms, etc.) Sperling is catching flak, though, for something that was first disclosed in 2009 — the fact that he was paid $887,727 in 2008 by Goldman Sachs.

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