Opinion

Felix Salmon

Counterparties

By Felix Salmon
December 28, 2011

China supports Argentina in Falklands dispute — Univision

“You can have opacity and an industrial economy, or you can have transparency and herd goats” — Interfluidity

Annals of immovable objects, LACMA edition — NYT

Thinking about god does help you achieve your goal, but only if your goal is to successfully resist the urge to do something — PRBNM

2011′s worst chief executives — Dealbook

Greece’s diabetics can’t get insulin — NYT

Meet your newest Fed Board nominees — WSJ

Wherein Khoi Vinh calls the NYT’s user experience “haphazard”, “insulting”, and “hostile” — Subtraction

Comments
2 comments so far | RSS Comments RSS

“China Supports Argentina in Falklands Dispute” is quite literally a 29 year old story. But thanks for the reminder.

Posted by johnhhaskell | Report as abusive
 

I have always had the notion that when there is a lot of opacity, i.e., too little trust, people herd goats. It is in societies where people have a lots of trust, and know that laws and institutions will function the way they expect, where finance and capital markets develop. There may be examples that seem to confirm the reverse, but overall, I think increasing opacity is a recipe for less finance in the future.

Posted by rogueecon | Report as abusive
 

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