Paul Lachine

清晰的代价

伦敦——

“由于那些股票经纪人狡诈和算计,让我们落入他们精心策划的复杂骗局,故弄玄虚,令人费解的术语,这是任何时期任何国家都没有听说过的旷世奇闻。”18世纪的乔纳森·斯威夫特的严厉措辞正适用于当今的金融掮客:现在的金融通过其“令人费解的术语”使其晦涩难懂。正如美国总统奥巴马在4月演说中指出的,“许多的操作是如此不透明和复杂,连参与其中的公司中也没有几个人明白,更不用说监管者了。期间的风险之大更是无人可知。”

但是,斯威夫特所谓的晦涩难懂的动机是欺诈么?当然。这是主要的动机,政坛和金融界都是如此。普通民众知道的越少,更越容易被愚弄。油头滑脑的商人们从来就不缺:.多尼采地的歌剧《爱情灵药》讲述了通过花言巧语兜售爱情灵药,目的是骗人骗财。但这不是目前金融创新呈现出爆炸式增长的唯一原因。

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

Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.

required

Log in

http://prosyn.org/EWO2Uh2/zh;
  1. China corruption Isaac Lawrence/Getty Images

    The Next Battle in China’s War on Corruption

    • Chinese President Xi Jinping knows well the threat that corruption poses to the authority of the Communist Party of China and the state it controls. 
    • But moving beyond Xi's anti-corruption purge to build robust and lasting anti-graft institutions will not be easy, owing to enduring opportunities for bureaucratic capture.
  2. Italy unemployed demonstration SalvatoreEsposito/Barcroftimages / Barcroft Media via Getty Images

    Putting Europe’s Long-Term Unemployed Back to Work

    Across the European Union, millions of people who are willing and able to work have been unemployed for a year or longer, at great cost to social cohesion and political stability. If the EU is serious about stopping the rise of populism, it will need to do more to ensure that labor markets are working for everyone.

  3. Latin America market Federico Parra/Getty Images

    A Belt and Road for the Americas?

    In a time of global uncertainty, a vision of “made in the Americas” prosperity provides a unifying agenda for the continent. If implemented, the US could reassert its historical leadership among a group of countries that share its fundamental values, as well as an interest in inclusive economic growth and rising living standards.

  4. Startup office Mladlen Antonov/Getty Images

    How Best to Promote Research and Development

    Clearly, there is something appealing about a start-up-based innovation strategy: it feels democratic, accessible, and so California. But it is definitely not the only way to boost research and development, or even the main way, and it is certainly not the way most major innovations in the US came about during the twentieth century.

  5. Trump Trade speech Bill Pugliano/Getty Images .

    Preparing for the Trump Trade Wars

    In the first 11 months of his presidency, Donald Trump has failed to back up his words – or tweets – with action on a variety of fronts. But the rest of the world's governments, and particularly those in Asia and Europe, would be mistaken to assume that he won't follow through on his promised "America First" trade agenda.