China is one of the biggest player in the world economy: with its 1,3 billion citizens and the astonishing rate of growth (although it's peace is slowing) represent an enormous market. Also, Chinese are willing to pay up to 30% more on foreign products because of their quality (comparative advantage). So, what do we need … Continue reading Doing business in China
All these models give us a comprehensive and useful set of tools to evaluate and understand not only other cultures, but also our own. As Pellegrino Ricardi said in this TED talk, across borders culture is not about pointing differences but extending your own borders: that's a global mindset.
"There are three ways to make a living in this business: be first, be smarter, or cheat." Margin Call is a 2011 American independent movie, which takes place over a 24-hour period at a large Wall Street investment bank during the early stages of the financial crisis of 2007/2008. The film focuses in particular on … Continue reading Margin Call
A simple and clear comparison between the German and USA economy, by The Infographics Show: https://www.youtube.com/watch?v=nCHwcKib5J8 Plus, we can look at the differences between the two international trade systems: German is a neomercantilist country, which means it overstretches the importance of domestic income and employment at the expenses of free exchanges, emphasizing trade restrictions and … Continue reading Germany and US economy face to face
What you think money is? Money is just an accounting system, a way of recording who owns what, who has what, who owes what to whom. In this system you need a third part that stand and guarantee that the money was real. For thousands of years, that figure was the government. Bitcoin is just … Continue reading Bitcoins: how do they work?
The Wizard of Lies is a 2017 American television movie, based on the non-fiction book of the same name by Diana B. Henriques. The movie stars Robert De Niro as famous businessman and fraudster Bernard Madoff and Michelle Pfeiffer as his wife Ruth Madoff. The movie, nominated for 2 Golden Globes, tells the real story … Continue reading The Wizard of Lies
The last year the Nobel Prize has been assigned to: Richard H. Thaler University of Chicago, IL, USA "for his contributions to behavioural economics" Thaler is one of the funders of behavioural economics, and futhermore behavioral finance, fields in a great expansions in the last decade. He is a professor at the University of Chicago, and … Continue reading Richard H. Thaler, the 2017 Nobel Prize