Paul Lachine




现代金融中开启的“创新”并未带来更高的长期效益,也没有带来更快的增长,抑或使大家更富裕。反之,这些创新巧妙地绕开了会计准则,避免了支撑实质增长的基建和技术——例如因特网——公众投资所需税款;这里所说的是实质增长,而不是金融部门鼓吹的虚幻增长(phantom growth)。

To continue reading, please log in or enter your email address.

To read this article from our archive, please log in or register now. After entering your email, you'll have access to two free articles from our archive every month. For unlimited access to Project Syndicate, subscribe now.


By proceeding, you agree to our Terms of Service and Privacy Policy, which describes the personal data we collect and how we use it.

Log in;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.