Nurturing reliable, creative, nimble organizations
In the financial crisis, we are not watching complexity at work; we are watching bureaucracy crumble that long ago successfully destroyed complexity. Complex systems are self-organizing and robust; they are duplicative and competitive. Our governments represent the antithesis of complexity, and they are causing this mess. [...]
Interviews with Robert Zoellick, President of the World Bank. [...]
What if they're all Wrong? The Fed and government's actions supposedly put us back on the course to prosperity. The only economists to predict the financial crisis say they are wrong. Meanwhile, India just purchased 200 tonnes of gold. [...]
From GATA: "Poisoned food and toys for fraudulent securities." We get faulty products. They get worthless paper. What could be fairer? [...]
