1 / 11

Commerce Professor Michael Mainelli

Commerce Professor Michael Mainelli. Danish Fairy Tales? Arthur Andersen and the Copenhagen Consensus. Outline. The Great ‘Commerce’ Experiment The “End of History” Danish connections Fret-Enomics Might versus Right A theory of Commerce?.

gisela-kirby
Download Presentation

Commerce Professor Michael Mainelli

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CommerceProfessor Michael Mainelli Danish Fairy Tales? Arthur Andersen and the Copenhagen Consensus

  2. Outline • The Great ‘Commerce’ Experiment • The “End of History” • Danish connections • Fret-Enomics • Might versus Right • A theory of Commerce? “Get a detailed grip on the big picture.”Chao Kli Ning

  3. The Great ‘Commerce’ Experiment • Adam Smith • Karl Marx • The Great Transformation • Visible Hand versus the Invisible Hand

  4. The “End of History” • Francis Fukuyama • Emperor’s new clothes

  5. Danish Connections • Arthur Andersen • Enron • Waste Management • WorldCom • Global Crossing • Qwest… • Tyco, HealthSouth, Adelphia… • Emperor’s new clothes?

  6. Copenhagen Consensus – 10 out of 33 • Climate change • Communicable diseases • Conflicts and arms proliferation • Access to education • Financial instability • Governance and corruption • Malnutrition and hunger • Migration • Sanitation and access to clean water • Subsidies and trade barriers

  7. Copenhagen Consensus – Go!

  8. Fret-Enomics • Homo economicus • Efficient Markets Hypothesis

  9. Might versus Right Source: OECD

  10. A Theory of Commerce • Economics with finance • Decision theory • Stochastic systems theory • Competitive selection

  11. Discussion What are the frontiers of our ignorance? “Get a big picture grip on the details.”Chao Kli Ning

More Related