The Internet Galaxy - E-Business and The New Economy

E-Business and The New Economy

"But markets also react to macro-economic conditions, and to policy decisions—or to their anticipation. Or to the disparity between the anticipation and the actual event. Markets react as well on the basis of non-economic criteria. These are influenced by what I call informationTurbulences from various sources, such as political uncertainty... technological anticipations... or even personal moods or statements from key decision-makers..."

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Famous quotes containing the word economy:

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)