In recent years I did some studies in accounting, commercial law, and risk management. One of the reasons for this is that I "took part" in that 2002 US stock market crash triggered by the Enron collapse.
Enron got me to realize that economics alone is far from enough a body of knowledge that equips one in this new milieu of a much more contoured' economy, where corporate defrauding can be amply facilitated in the existence of a gap resulting from two incommensurable operations between the financial derivatives available for abusive ends, and the remain largely unsettled accounting practice regarding asset valuations (which till this day, lacks more logically rigor and quantifiable modeling that affords less equivocal results)- "accounting is gray". And things relating these may just simply at all times fundamentally change the landscape in equity investment.

To me, the concept of Organized Irresponsibility is the very key issue to be addressed in today's world if there are to be sustainable systems prevailing on this planet.

My passion is ...

How the knowledge of economics, accountng, and law are to be interfaced in risk management

I know too much about ...

Scumpeterian economics, Stiglitz economics, economic history, why accounitng and corporate social accountability matter much, how the economics of information asymmetry combined with the jurisprudence of equitable restitution is the key to address the problem of organized irresponsibility

Why I write ...

Contributing my humble insight

Business > International Business & Trade Globalization: Who benefits from it?

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China - Globalization and Organized Irresponsibility, some serious implications

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For the last two decades or so China (or actually, the less than one percent of its population, the newly super-rich) has been perhaps the most dramatic beneficiary from the fast globalization. Meanwhile, China's break-neck type of development is a thing that comes at the expense of fast-pace degrading of not only the natural environment of its own territory, but also now increasingly on a global scale. This should be addressed in the trade issues perhaps the only area in international affairs where nat...

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