"A fool is someone who knows the price of everything and the value of nothing". Central banker Mark Carney has diagnosed a crisis in value(s). He doesn't just mean prices being misaligned with values as in frothy asset overvaluations. That's just a symptom of a deeper malaise. The central idea of his book, says the … Continue reading Banking on Values
Tag: Gordon Brown
Little Big Bill’s Techno Fix
Little Bill has lent his big billionaire voice to de-coupling, the idea that traditional capitalist growth can be cleansed of its polluting effects. Better than denial or obstruction? Absolutely. Every little helps. But de-coupling inside a political vaccuum is kids' softplay. What matters in the adult world is the gravity of power. Just follow the money... … Continue reading Little Big Bill’s Techno Fix