Wednesday, February 15, 2017

Simple narratives

A price is a signal wrapped up in incentive  says AlexTabarrok linking rise in oil prices to the emergengence of Karuturi Global at one time the biggest exporter of roses. But Karuturi who also figures in Panama Papers seems to have indulged in various dubious practices and has been liquidated

More details about the liquidation http://www.ipsos.co.ke/NEWBASE_EXPORTS/Banking/160502_Business%20Daily_12,13_b3768.pdf
A write up 'The role of narratives in economics

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