Sublime

Mais est-ce pour autant la fin du game vis-à-vis du pouvoir d’évaluation des marchés ? L’amélioration des conditions de financement des gouvernements persiste à être conçue comme un « effet secondaire » de la nouvelle orthodoxie financière publique-privée : s’il faut préserver la valeur des obligations d’État, c’est uniquement parce qu’elles consti

Furthermore, if the Great Safety Net 2.0, that of the twenty-first century, is imagined in China rather than in the Western world, Western nations might be the last to embrace it. More likely it will be deployed in other countries, those best capable of leapfrogging, before it’s replicated in Europe and the US (if at all). And as a Great Safety Net

The competitive ecosystem pushes people toward ruthlessness or death. A monopoly like Google is different. Since it doesn’t have to worry about competing with anyone, it has wider latitude to care about its workers, its products, and its impact on the wider world.

Some highlights have been hidden or truncated due to export limits.

Because of the widespread instability, it’s not enough for a business to be the market leader or the most profitable company. Rather the stake is to take the vast majority of the market[254], at (almost) any cost. Those who generate superior increasing returns to scale can crush competition and realize a sizable return on investment over the long t

Adam Smith.

Cette nouvelle économie embrasse le micro-crédit (qui n’a de sens que s’il reste fidèle à sa visée originelle et n’est pas parasité par le profit bancaire), le commerce équitable qui favorise les petits producteurs de café, de cacao et autres produits d’exportation en maintenant des prix d’achat qui ne subissent pas les baisses brutales du marché,

For over 30 years we have aimed for an egalitarian society. If we want to have successful entrepreneurs, Singaporeans have to accept a greater income disparity between the successful and the not so successful.