Pater Familias

Theories, observations, and articles, by Philip Schaefer · All posts · Categories

CHRISTMAS GIFTS AND FINANCIAL MARKETS.

December 29, 2009 at 6:31 PM · Economics

CHRISTMAS GIFTS AND FINANCIAL MARKETS. John Kay argues that some of the reasons we value gifts also explain activities on the financial markets: lack of knowledge and pervasive uncertainty. He points out that we aren’t sure of our own preferences. … Continue reading →

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