information-intermediaries   7

Quaker bankers: building trust on the basis of sincerity, reciprocity and charity | Magic, Maths & Money - Feb 2016
This post follows discussions of the norms sincerity, reciprocity and charity in financial markets. It suggests that the success of Quaker finance, that funded… Tracks the importance of Quaker-owned banks to the development of UK financial system - the number of big-name banking families with Quaker founders is striking. Their personalized methods of working on reputation (theirs and their borrowers) based on shared standards of probity and transparency, disciplined by membership in the Quaker community - allowed them to not only grow in the loan business, but become big in the bills market. The Quaker method of collecting views re appropriate moral life practices, which were documented and circulated among the members - and set mutual expectations for ethical practices, including areas like bookkeeping and full disclosure. The Quaker firms were central to the system of country banks, capable of providing liquidity to halt bank runs, wind down problem institutions etc. Their bills business didn't survive the switch to the Bank of England becoming lender of last resort in the 1844 crisis. And their information advantages don't seem to have remained a competitive advantage as it had been in the pre Napoleonic_Wars era.
Instapaper  economic_history  financial_innovation  banking  17thC  18thC  19thC  British_history  Quakers  dissenters  Industrial_Revolution  ethics  norms  norms-business  accounting  accountability  reputation  disclosure  information-intermediaries  information-markets  money_market  Bank_of_England  country_banks  financial_crisis  bank_runs  lender-of-last-resort  from instapaper
february 2016 by dunnettreader
Daniel Dennett - Information, Evolution, and intelligent Design - Video | 3quarksdaily - August 2015
2 YouTube videos, 1st (1 hour+) of Dennett's presentation and then the Q&A -- looks like it was at RI Institute. He's NOT dealing with Intelligent Design initial caps.
speech  video  Dennett  human_nature  epistemology-social  evolution-as-model  evolution-social  mind  cognition  information  information_theory  information-intermediaries  design  social_process  decision_theory 
august 2015 by dunnettreader
Hans Degryse, Liping Lu, Steven Ongena - Informal or formal financing: First evidence on co-funding of Chinese firms | VOX, CEPR’s Policy Portal - 21 August 2013
Non-bank financing originating in the shadow banking system has increasingly become an issue for policymakers. This column argues that informal financing has, in fact, been an essential element of corporate performance in China. Through reviewing the interaction between informal and formal financing, evidence suggests that informal financing simultaneously granted with formal financing (co-funding) is helpful for growth, especially for small firms. -- informal financing may complement the use of formal financing, so that co-funding can better enhance firm growth. We conclude that the informal credit market should not be simply repressed as it may co-exist with the formal banking system and supports firm growth in a proper way. As the risks in the shadow banking system has not been regulated properly in China, it is high time that the Chinese regulators curtail the risks and channel the non-bank lending into a proper track in order to avoid a debt crisis. Informal financiers could then still continue to be a vital player in the Chinese credit market and sustain the high economic growth.
paper  China-economy  shadow_banking  NBFI  intermediation  information-intermediaries  access_to_finance  economic_growth  corporate_finance  financial_regulation 
july 2015 by dunnettreader
Interview with Seyla Benhabib - On the Public Sphere, Deliberation, Journalism and Dignity | Reset Dialogues on Civilizations - 4 August 2008
Yale philosopher Seyla Benhabib interviewed by Karin Wahl-Jorgensen Seyla --“We are facing a generation who is getting all its information online. The consequence is that one’s points of reference are so multiple that they may not intersect and a common world may not emerge. But fragmentation can also bring effervescence - says Seyla Benhabib, philosopher and Professor of political science and philosophy at Yale. - One medium that is in great crisis is television. I would like to see a citizens’ forum, rather than these continuously self-referential talking heads and so-called experts. We extend the boundaries of our sympathy by understanding the conditions of others who may be radically different than us – she concludes – At its best journalism does this; it extends your vision of the world by making you see the world through the eyes of the others.” -- downloaded pdf to Note
political_philosophy  political_culture  democracy  Internet  information-intermediaries  information-markets  media  public_sphere  Habermas  public_opinion  empathy  citizenship  downloaded 
july 2015 by dunnettreader
Jürgen Habermas interviewed by Markus Schwering - Essays: Internet and Public Sphere What the Web Can't Do | Reset Dialogues on Civilizations - 24 July 2014
"After the inventions of writing and printing, digital communication represents the third great innovation on the media plane. With their introduction, these three media forms have enabled an ever growing number of people to access an ever growing mass of information. These are made to be increasingly lasting, more easily. With the last step represented by Internet we are confronted with a sort of “activation” in which readers themselves become authors. Yet, this in itself does not automatically result in progress on the level of the public sphere. [...] The classical public sphere stemmed from the fact that the attention of an anonymous public was “concentrated” on a few politically important questions that had to be regulated. This is what the web does not know how to produce. On the contrary, the web actually distracts and dispels." This is how, among many more subjects, Jürgen Habermas comments the evolution of democratic participation in the internet era. Reset-DoC is pleased to republish the translated version of a long interview published last June on the "Frankfurter Rundschau" for the philosopher's eighty-fifth birthday. -- downloaded pdf to Note
social_theory  public_sphere  information-intermediaries  printing  print_culture  Internet  communication  community-virtual  media  political_culture  political_participation  political_press  Habermas  post-secular  cultural_history  cultural_change  networks-information  networks-political  downloaded 
july 2015 by dunnettreader
Michael Kwass, review essay - Reassessing Enlightenment Economics - Reinert's "Translating Empire" | Books & ideas - 25 March 2013
Reviewed: Sophus A. Reinert, Translating Empire: Emulation and the Origins of Political Economy. Harvard University Press, 438 pp - Resurrecting the life of John Cary’s Essay on the State of England, a book which travelled all over Europe throughout the 18th century, S.A. Reinert challenges our understanding of Enlightenment economics, while calling for a more nuanced and historically-informed understanding of political economy in general. (..) By resurrecting the life of a text that scholars have dismissed as “mercantilist” and repositioning that work at the center of 18th-century political economy, Reinert challenges our basic understanding of Enlightenment economics, so often reduced to the free-trade doctrines of the physiocrats and Adam Smith. He argues that the diffusion of Cary’s work demonstrates that state-centered approaches to the creation of wealth enjoyed wide resonance at the very moment when discussions of economic policy were expanding beyond state chambers to engage a broader public. Far from being eclipsed by theories of laissez-faire economics, as conventional histories of economic thought would have us believe, such approaches became “the absolute mainstream in Europe” by the late 18th century -- downloaded pdf to Note
books  reviews  kindle  18thC  economic_history  intellectual_history  intellectual_history-distorted  political_economy  Enlightenment  economic_theory  mercantilism  laisser-faire  Physiocrats  Smith  British_history  British_foreign_policy  nation-state  economic_growth  development  public_policy  public_goods  government-roles  Italy  Austria  Germany  readership  history_of_book  print_culture  information-intermediaries  networks-information  networks-business  networks-policy  Republic_of_Letters  downloaded 
july 2015 by dunnettreader
Robert G. Eccles, Jock Herron, George Serafeim - Reliable Sustainability Ratings: The Influence of Business Models on Information Intermediaries (revised October 2014) :: SSRN
ility Ratings: The Influence of Business Models on Information Intermediaries

Robert G. Eccles, Harvard Business School -- Jock Herron, Harvard University - School of Design -- George Serafeim, Harvard University - Harvard Business School -- Chapter in Routledge Handbook on Responsible Investing (Forthcoming) *--* A new generation of corporate reporting - integrated reporting - is emerging that will help investors and other key stakeholders such as employees, customers, suppliers, and NGOs develop a deeper and more comprehensive appreciation of corporate performance than what is currently provided by GAAP financial reporting. The purpose of this paper is to examine the optimal design of information intermediaries that can increase the impact of sustainability information on corporate conduct. Specifically, we focus on two issues: who pays for the information and which performance metrics should be included in assessing the sustainability performance of a company. -- Pages in PDF File: 28 -- Keywords: sustainability, ratings, corporate performance, rating agencies, conflicts of interest, integrated reporting, corporate social responsibility -- downloaded pdf to Note
chapter  SSRN  CSR  sustainability  accounting  disclosure  disclosure-integrated  corporate_governance  corporate_citizenship  business_practices  information-markets  information-intermediaries  rating_agencies  ratings  conflict_of_interest  downloaded 
april 2015 by dunnettreader

related tags

17thc  18thc  19thc  access_to_finance  accountability  accounting  austria  bank_of_england  bank_runs  banking  books  british_foreign_policy  british_history  business_practices  chapter  china-economy  citizenship  cognition  communication  community-virtual  conflict_of_interest  corporate_citizenship  corporate_finance  corporate_governance  country_banks  csr  cultural_change  cultural_history  decision_theory  democracy  dennett  design  development  disclosure-integrated  disclosure  dissenters  downloaded  economic_growth  economic_history  economic_theory  empathy  enlightenment  epistemology-social  ethics  evolution-as-model  evolution-social  financial_crisis  financial_innovation  financial_regulation  germany  government-roles  habermas  history_of_book  human_nature  industrial_revolution  information-markets  information  information_theory  instapaper  intellectual_history-distorted  intellectual_history  intermediation  internet  italy  kindle  laisser-faire  lender-of-last-resort  media  mercantilism  mind  money_market  nation-state  nbfi  networks-business  networks-information  networks-policy  networks-political  norms-business  norms  paper  physiocrats  political_culture  political_economy  political_participation  political_philosophy  political_press  post-secular  print_culture  printing  public_goods  public_opinion  public_policy  public_sphere  quakers  rating_agencies  ratings  readership  republic_of_letters  reputation  reviews  shadow_banking  smith  social_process  social_theory  speech  ssrn  sustainability  video 

Copy this bookmark:



description:


tags: