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Submitted by Daniel Cloud The Market for Lemons, the Market for Bullshit, and the Great Cascading Credence Crash of 2016 “The cost of dishonesty, therefore, is not only the amount by which the purchaser is cheated; the cost must also include the loss...

The Indian paper industry seems to have understood that key growth drivers are sustainability and competitiveness through technology and proper investment decision making. IPPTA’s zonal seminar on the theme ‘Technological Advancement in Pulp/Paper Making...

(Pix (c) Larry Catá Backer 2015) This Blog Essay site devotes every February to a series of integrated but short essays on a single theme. For 2015 this site introduces a new theme: On a Constitutional Theory for China--From the General Program of the...

Chih (zhih) - wisdom, moral understanding or judgement; one of the four virtues in Mencius' seed or sprout theory Chün-tzu - superior man, gentleman, noble, scholar - the superior man is a model that the students are to emulate along with the sages...

Introductory Note: As background for this diary, it might be helpful to read Geminijen's excellent and balanced diary from a few weeks ago, Anti-Capitalist Meetup: Fagor Goes Bankrupt - Trouble in Camelot, which discusses one of the world's most important...