Daily Archives: May 2, 2016

Hard Costs Hardly Understood. Financialization’s Costs Pile Up on the Soft Side. Until They Spill Over.

Goldman Sach’s unofficial motto used to be “Long-Term Greedy.”  There’s a lot to commend that as a business philosophy.  It implies some immediate restraint in service of longer-term gains.  But like most artful things, that nuance got lost as “financialization” crept … Continue reading

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