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Hence, your incentives are largely just the same as everybody else at Davos: to perpetuate stale concepts like "profit," "product," and "output," the tired, toxic practices of "strategy," "finance," and "marketing." 21st century intelligence is not just analytical — it's ethical, emotional, and creative.
Meaning that you can never get truly scientific answers out of GDP or unemployment numbers. I tend to think it doesn't apply for macroeconomics in general. As economist Paul Samuelson is said to have said , "We have but one sample of history."
To the long, dismal list of fatally broken institutions — GDP, governments, schools, corporations — we can add the mysterious Libor , and its conveniently comfortable calculation. Who authors the destiny of nations? Which compact governs the relations between the powerless and the privileged? Whose rights are sacrosanct?
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