The Other, l’Autre. How do we look at those that seem different from us? Are they different because we so badly want them to be? and why is their difference not an asset but a threat for societies? I enter … Continue reading →
Why do seemingly irrational superstitious beliefs form and persist? To what extent do strong cultural beliefs translate into observable behavior? And how do superstitions about luck and success translate into performance in foreign environments that do not share these beliefs? … Continue reading →
Yesterdays’ WSJ interview of ECB President Dr. Draghi. Please try to discover what is missing from his statement: WSJ: Your first months saw a lot of activity. Is there much more the ECB can do when it comes to financial … Continue reading →
Thank you A.
Debt/GDP ratio at 120%. If your name is Italy, at least so we are told, this number is a monster that needs to be soon vanquished through austerity. If your name is Greece this 120% is the oasis at the end of … Continue reading →
Applying easy game theory to ponder what comes next this Monday in the European talks regarding the Greek situation: default and exit from the euro? No default while remaining in the euro? Default and remaining in the euro? At least … Continue reading →
10 years ago, February 17, 2002. Where was the former Governor of the Bank of Greece and at the time Vice-President of the European Central Bank Lucas Papademos, today Prime Minister of Greece, with his wife Shanna? Don’t try guessing, … Continue reading →
”I like the desert. It’s hot there in the desert, but it’s clean.” Lawrence of Arabia, 1962, the movie. The Germans. The Greeks. That bloated public sector. Of whom? The Greeks? Think again, by reading the ECB working paper of … Continue reading →
So the Greek house is on fire. What do you do if you are an insurer and the house you have insured is on fire? Do you start arguing about the bill or do you rush to save it, to … Continue reading →
So, a version of the letter to the IMF by Greek leaders was put out on the web last night. Dunque. Una versione del testo del documento inviato dal Governo greco al Fondo Monetario Internazionale ed alla Troika è stato … Continue reading →