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When government intervenes, it creates conflict, unfairness, and harms people's capacity to work toward a more peaceful and prosperous world.
When government intervenes, it creates conflict, unfairness, and harms people's capacity to work toward a more peaceful and prosperous world.
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What really happens when pensions disappear http://cnb.cx/1KoOx3G
New research explains how employees respond when their traditional pension plan is replaced with a newer model.
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The team helping policy makers influence our actions independent.co.uk - Five years ago Britain was one of the first countries to embrace “nudge theory” – using behavioural economics and psychology to influence Government programmes and encourage people to change their ...
Ministers are turning to behavioural psychology to tackle some of the most contentious and intractable problems facing the Government, including attempting to cut illegal immigration and countering Islamic extremism, it has emerged.
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Euro Zone  - 
 
Watch “NBER GREEK CRISIS Sequence” on @Vimeo 

#eurozone     #greece  
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Systemic Risk  - 
 
Risky business: Finding the balance between financial stability and risk  via @LSEUSAblog
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Systemic Risk  - 
 
PhD Projects
ETH Risk Center
To gain in depth understanding of systemic risks, crisis and disruption in complex systems, in particular socio-economic systems, the Risk Center ...
http://www.riskcenter.ethz.ch/research/phd-projects.html
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YouEconomist

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Misbehaving: The Making of Behavioural Economics by Richard H Thaler review – why don’t people pursue their own best interests? 
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nber - What determines the earnings of a worker relative to his peers in the same occupation? What makes a worker fail in one occupation but succeed in another? More broadly, what are the factors that det...
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Military officer quality in the all-volunteer force +Brookings Institution 
brookings.edu - The question of “Who serves when not all serve?” has been a central issue in the all-volunteer United States military, even before the end of conscription in 1973.[1]  Advocates for the end of the ...
The question of “Who serves when not all serve?” has been a central issue in the all-volunteer United States military, even before the end of conscription in 1973.1 Advocates for the end of the peace-time draft argued conscription was, in the words of Milton Friedman, “inequitable and arbitrary, seriously interfer[ing] with the freedom of young men to shape their lives.” Others, however, were concerned with the quality of an all-volunteer force.
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Systemic Risk  - 
 

Systemic Risk
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In this complex and heavily intertwined world, systemic risks are becoming a lasting threat to financial markets, to economic prosperity and, in the end, ...
Key output of the Research Center SAFE, Goethe University Frankfurt on systemic risk, interbank networks, financial contagion, spillover effects, too-interconnected to fail, systematic risk.
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Euro Zone  - 
 
Bank IT, Grexit, and Systemic Risk   #eurozone  
Why bank IT is more of a mess than you possibly imagined, and why that matters.
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“We live only by knowing something about the future; while the problems of life, or of conduct at least, arise from the fact that we know so little.” (p. 199) 

 Hence it is our imperfect knowledge of the future, …, which is crucial for our understanding of our problem.” (p. 198)"  - Frank H.Knight  Risk, Uncertainty & Profit


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