virtue

Saving is sin, and spending is virtue Interesting article written by an Indian Economist Japanese save a lot. They do not spend much. Also Japan exports far more than it imports. Has an annual trade surplus of over 100 billions. Yet Japanese economy is considered weak, even...

Patience is a Virtue !! --> copyright Vicki Muller I have learned (only recently I might add and I'm 35) that life is like a Jigsaw puzzle. This one however doesn't come in a box. You don't get to see the final picture before you start. You just have to live it and watch the pieces slowing...

'Be reasonable!' How many times have you heard that in your life? How many times have you said it yourself? If those admonitions have any meaning at all, why should you do the opposite? For most occasions, being reasonable -- acting in the way most people expect -- is the right thing to do. But...

Most Money Is Made By Waiting, Not Trading A common mistake for stock market investors is overtrading. Learning to sit and wait is one of the biggest challenges for many. Jesse Livermore, one of the world's greatest investors, said: "It is never your thinking that makes big money. It's the...

This paper develops a rigorous model to analyze the distributional, efficiency and public policy implications of bribery in such situations Project made by IIM-A students