Monthly Archives: March 2010

Trust Issues Holding India Back – Researchers in the Market for Fair-Minded People

Here’s a quote from the article: “Markets don’t work very efficiently if everyone acts selfishly and believes everyone else will do the same,” Dr. Henrich says. “You end up with high transaction costs because you have to have all these … Continue reading

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Relevant To India – Researchers in the Market for Fair-Minded People NYT

  Here’s a quote though that summarizes the problems with India – Just in case here’s the permalink. “Markets don’t work very efficiently if everyone acts selfishly and believes everyone else will do the same,” Dr. Henrich says. “You end … Continue reading

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Recipe For Chaos in Inda – After You 4 Way Stop Signs – NYTimes.com

 I just had to post this on 4 way stop signs in CA and how there’s very rarely any jousting that takes place at them.    The author says it’s one of the last remaining signs of fucntional society in CA … Continue reading

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Lincoln Electric – Cleveland No Layoff Policy – Book Review: Frank Koller’s Spark – WSJ.com

  It’s a book review but talks about how this company has had a no layoff policy in the US. A little light on the details but it was unusual enough to catch my attention in the current layoff filled … Continue reading

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