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 […]

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 […]