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:

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)