Ten years after Lehman collapse few lessons have been heeded
Rating agencies still wield huge influence and investment executives remain unaccountable
To be clear, nobody expects economic models to predict crises, future prices and recessions with total accuracy. But at least they should be able to explain the basic functioning of the economy.
Arturo Cifuentes FT 22 August 2018
To be clear, nobody expects economic models to predict crises, future prices and recessions with total accuracy. But at least they should be able to explain the basic functioning of the economy.
Arturo Cifuentes FT 22 August 2018
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