The latest quarterly review published in December by The Bank for International Settlements (BIS) delivers a warning that the finance industry is laying the foundations for the next big crash. It contains a report that highlights the role of non-bank…
Month: December 2021
Nine reasons not to study economics
1 It’s not a science. Economists present themselves as champions of a discipline with the rigour of physics. The models you’ll learn about are presented algebraically and will borrow from real sciences, particularly hydraulics. But the material of economics isn’t…