“AT&T has not provided the evidence necessary to show that its trials will provide the needed insight into how the natural evolution to IP technology will address the needs of wholesale customers, as well as retail consumer and business users.”
.. are psychological factors really the main cause of our financial woes?
Or is behavioral finance just an inadvertent dodge, a well-meant theory that ultimately shifts blame onto individuals for the failures of our society to confront expensive and controversial social, political and economic problems?
The most common bias among individual investors is the rarest among the pros: loss aversion, or holding on to losers too long.
The biggest problem that businesses — and governments — must solve is one that rarely comes up in a behavioral psych lab:
how to get people’s attention in a world filled with more distractions by the day.
‘The bottom line is that we still don’t have convincing proof that austerity works – and it’s dangerous for policy-makers to pretend otherwise.’
The SEC has become “an agency that polices the broken windows on the street level and rarely goes to the penthouse floors”
Athens’ debt is still almost 180 percent of GDP.
But it is not nearly as burdensome as the headline figure suggests because the bulk of the debt is owed to other euro zone governments as a result of its two bailouts.
Not only do these loans pay a low interest rate of a little over 2 percent, Athens doesn’t need to start repaying them until 2022 and then has another 20 years to complete the job.
Can a press critic even exist if he doesn’t have the Times to kick around?