Information Design and the Monetary System

I am personally interested in how the lack of information or proper presentation of that information led to the current financial crisis. Obviously the information was available — but not well understood, not correctly aggregated or falsely interpreted by politicians that were responsible for phony policies and flawed legislations. And even now — as the information is…… Continue reading Information Design and the Monetary System

Bailing out in the wrong direction

US Government is suggesting a $700 billion financial package to prevent a chain reaction at Wall Street. The US national debt to over $10 trillion dollars with just a single decision. Interestingly there are many experts that tell their own story about what this all means on the long run. Someone may wonder where this…… Continue reading Bailing out in the wrong direction