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..."
Read more about this topic: The Internet Galaxy
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)