Remove topic goods-trade-and-consumer-services
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Descent of the Global Monetary System

Tom Spencer

Money is not really respected in academia, and so most of the attention tends to focus on other topics: the interaction between buyers and sellers, the structure of industries, statistical modelling, the valuation of financial assets, and so on. The US dollar is the global reserve currency, and is regularly used in global trade.

System 88
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High Frequency Trading Hits 60-Minutes Scrutiny; Trading or Skimming?

MishTalk

In the wake of a 60-Minutes report on High Frequency Trading, numerous people have sent dozens of links. Securities and Exchange Commission and Commodity Futures Trading Commission have also said market rules may need to be examined. Let''s take a look at a few of them. The new book comes out today. Officials at the U.S.

Banking 73
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Your Company Needs a Communications Plan for Data Breaches

Harvard Business

Customer service gets flooded with calls, the stock plummets and sales stall just before the holidays. According to a recent Ponemon Institute study , data breaches are among the top three types of incidents that affect brand reputation, and consumers often expect compensation after a security compromise. A news cycle begins.

Data 34
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Money as Communication: A Purposely "Non-Educational" Fallacious Video by the Atlanta Fed

MishTalk

In other words, it''s essential that the unit of account conveys value so that the units expressed in trade, contracts, and financial accounts are both meaningful and durable. The massive propaganda campaign begins at the 2:15 mark: " Was the gold standard a good way to measure value? Let''s take a look. Mish note: The paper costs $5].

Video 77
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More Universities Need to Teach Sales

Harvard Business

Sales was traditionally seen as a form of service work, with an emphasis primarily on developing moral character. For their part, universities viewed sales as “trade-school” stuff and didn’t typically offer sales-related courses. paul garbett FOR HBR. And companies performed the training, not schools.

Sales 28
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Saxo Bank's Steen Jakobsen Warns of Global Economic Vacuum, China Slowdown, Germany Growth Negative, 30% S&P Correction

MishTalk

China will start devaluing their currency in response to Abenomics and weaker terms of trade China will no longer be the world’s biggest investor and importer of investment goods. Steen is one of the speakers at Wine Country Conference II , May 1-2 in Sonoma, California. to less than 3.0% to less than 3.0%

Banking 74
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Want Less-Biased Decisions? Use Algorithms.

Harvard Business

Is this revolution a good thing? These critiques and investigations are often insightful and illuminating, and they have done a good job in disabusing us of the notion that algorithms are purely objective. There seems to be a growing cadre of authors, academics, and journalists that would answer in the negative.