Harvard Business Review

NOVEMBER 29, 2010

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. You might say that a radically decentralized, p2p financial system spontaneously arose.

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Harvard Business Review

SEPTEMBER 29, 2014

Google generates most of its revenue through an auction-based system of selling ads that was developed by two engineers but validated by its chief economist, Hal Varian, a former consultant to the company who was also the first Dean of the School of Information Sciences at the University of California at Berkeley. Economists and big data.

Strategy 12

Strategy Black-Scholes Airlines Price 12

Harvard Business Review

NOVEMBER 29, 2010

Heres 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. You might say that a radically decentralized, p2p financial system spontaneously arose.

Banking 15

Banking Crisis Merton Guidelines 15