Archive for the ‘inequality’ tag
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World Business: Rahul Bajaj Interview 19/09/08
World Business: The Bajaj Group is one of Indias top ten companies, with business interests ranging from steel production to finance, insurance and automobiles. Under the leadership of Rahul Bajaj, turnover of Bajaj Auto alone has grown more than a thousand fold to 2.3 billion dollars. He is one of Indias leading industrial figures and has added politics to the mix. In our new Peer to Peer segment, business leader, Artoc Group chairman and managing director M. Shafik Gabr sat down with him, …
24. Making It Work for Real People: The Democratization of Finance
Financial Markets (ECON 252) Professor Shiller, in his final lecture, reviews some of the most important tools for individual risk management. Significant inequality in domestic and international communities has created a need for social insurance programs, such as those created in Germany in the late 1800s. The tax system, bankruptcy laws, and government insurance programs are used to manage risk of personal wealth. However, each of these inventions must take account of psychological …
