Archive for November 23rd, 2012

Choosing your own capitalism in a globalised world? Cuddly or cut-throat?

November 23, 2012

A super column from the super duo-  Acemoglu and Robinson.

They compare the two capitalism systems of US and Nordic economies. The point is both the systems are useful in their own way. US with its cut throat capitalism model leads the way allowing the Nordics to be followers and more welfare oriented (cuddly):

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What led Fama to develop Efficient markets hypothesis? (comments on behavioral finance etc..as well).

November 23, 2012

A super interview of Eugene F. Fama by Robert Litterman.

What was his switch moment which led to development of his core ideas? Well, it was his work experience as a stock market analyst:

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Are there Cultural Determinants of Entrepreneurship? (Case of Marwaris, Tamilians, Andhraites)

November 23, 2012

A nice paper from Rajkamal Iyer and Antoinette Schoar of MIT.

They set up an experiment in Chennai, Tamil Nadu to figure whether and cultural aspects impact business. They test this across three communities – Marwari, Tamilian and Andhraite to point to community differences:

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