" I'm convinced that the finance of the future will be able to address all of these social priorities. Our human intelligence will harness our collective fear and greed to solve our global problems. After all, it would take a true believer in the Efficient Market Hypothesis to assume that markets at present are allocating money to its best uses and that no policy interventions are needed. The Adaptive Market Hypothesis tells us that we can improve a market, a method, or an entire financial system, adapting it to our needs and the challenges of our environment. The same traits that make the financial system extremely effective in gathering and deploying the wisdom of crowds.
Finance doesn't have to be a zero-sum game if we don't let it. We can do well by doing good, and if we all work together, we can do it now. I can be Harvey Lodish, and so can you.
The whole, (crowd) can be greater than the sum of the parts.!!!
We shouldn't let finance drive our goals; our goals should be driving finance.
~ The Institute for Modular-Finance™ ~ BookSmart / StreetWise... Worldly Wisdom - Financial Literacy & New Smarts 4 The Game of Life... Think tank, Investor Education and Research Division of The MAIN & WALL™ Financial Corporation....Be Book-Smart & Street-Wise.. Finance for a Good Society....Structural Change is Under Way... This Time is Different...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment