Eight months after my talk at TEDGlobal 2013, much progress has been made on the International Non-profit Credit Rating Agency (INCRA) concept. The progress, however, has not been in the credit rating agency world itself, which is slow to change, despite strong criticism from political officials and, occasionally, the media. You may recall the public […]
Sovereign credit ratings are kind of like Consumer Reports for nations — just as people read car magazines or washing machine reviews before buying, investors read ratings to determine how to invest their money. Sovereign credit ratings assess a country’s debt and its ability and willingness to repay it. And whether citizens of a country realize […]
In the immortal words of the Wu-Tang Clan, “Cash rules everything around me.” Then again, as Benjamin Franklin put it, “A penny saved is a penny earned.” So how are we to parse this thing — money — which shapes so much of our lives? This session will make you think again about economics, taking […]