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2010 Nobel Prize in Economics vs Ig-Nobel Prize…On Economics Too, of Course

Everybody’s obsessed with finance and the flow of money these days. No wonder that we at doitinvest.com go for the same theme and now wonder that the Nobel committees are looking at the same stuff.
This year the Nobel prize for economics was shared by three gentlemen. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010 was awarded jointly to Peter A. Diamond, Dale T. Mortensen and Christopher A. Pissarides “for their analysis of markets with search frictions”. The guys looked actually at the imperfections of the markets – why are they not frictionless but full of hidden costs?Read More »2010 Nobel Prize in Economics vs Ig-Nobel Prize…On Economics Too, of Course

How the current crisis affects the normal companies

Today (Oct 16) has seen the Dow Jones and the major indices again going down, showing a total lack of confidence of the investors in the current market situation. And of course Henry Paulson wants our feedback about the government’s insurance program for troubled assets, and its role in restoring “liquidity and stability to the financial system.”Read More »How the current crisis affects the normal companies