Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Tuesday, May 01, 2012

A hilarious experiment with monkeys


Just came across this video on Facebook. You are satisfied with your reward until you see others getting better ;)

Saturday, April 21, 2012

The Ascent of Money

Money does not make the world go round, it makes staggering quantities of people, goods and services go round the world

The Ascent of Money

I have recently started reading the book "The Ascent of Money" by Niall Ferguson. This book carries a lot of insight into the economic history and evolution of the world to the present day financial markets. Needless to say, it conveys a lot of information about human behaviour regarding money since times ancient. I will be sharing some of the interesting quotes I come across in this book on my blog.
The first one to go is

When human beings first began to keep written records of their activities, they did so not to write history, poetry or philosophy, but to do business and keep accounts
 - Niall Ferguson