Daily Archives: October 29, 2014

Economics and Ethics – Further running down the hill

Sure, I am not much of an economist and being just a physicist maybe I should only bother with stuff I understand. But when I came across this article while reading through my usual morning news websites, I simply had to include it here.

That one pretty much resembles my view of businesses doing business with other people’s money: once you do it and get stuck there, you loose your traction. It’s called greed. Sad though that it seems to have only grown in recent years, despite all warning signs.

But hey, traction is something I know about: you may neglect its importance but without it, well, you don’t get far…

Check out the original article here