Book Reviews27 October 14<27 October 14 A Vindication of Commercial Society by David Conway In the Wealth of Nations Adam Smith outlines a commercial society: When the division of labour has been once thoroughly established, it is but a…
Economics27 October 14<27 October 14 Markets and reality disconnected by Alasdair Macleod The behaviour of financial markets these days is frankly divorced from reality, with value-investing banished. Markets have become distorted by Rumsfeld-knowns such as interest…