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Does Bank Monitoring Affect Loan Repayment?

https://libertystreeteconomics.newyorkfed.org/2022/12/does-bank-monitoring-affe…
Created
Fri, 02/12/2022 - 23:00
Banks monitor borrowers after originating loans to reduce moral hazard and prevent loan losses. While monitoring represents an important activity of bank business, evidence on its effect on loan repayment is scant. In this post, which is based on our recent paper, we shed light on whether bank monitoring fosters loan repayment and to what extent it does so.

i feel a lot of ways about emotions

http://www.qwantz.com/index.php?comic=3985
Created
Fri, 02/12/2022 - 19:00
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December 2nd, 2022next

December 2nd, 2022: PERFECT GIFT ALERT:

It's called T-REX VERSU

The Misguided Forces Driving Conflict Escalation Between the US and China

/index.php/perspectives/podcasts/the-misguided-forces-driving-conflict-escalati…
Created
Fri, 02/12/2022 - 05:46

Yale Law School Fellow Stephen Roach, discusses his just-released book, Accidental Conflict. Roach explores how much of the adversarial nationalist rhetoric in both China and the USA is dangerously misguided and more a reflection of each nation’s fears and vulnerabilities than a credible assessment of the risks they face.

Transcript

Rob Johnson:

Welcome to economics and beyond. I'm Rob Johnson, president of the Institute for New Economic Thinking.

The Blue Crystal

https://www.davidrevoy.com/article943/the-blue-crystal
Created
Fri, 02/12/2022 - 04:04

I continue my drawing training and sometimes I push the rendering of a test and finalize it, like in this one. I'm using almost no ref' to train my ability to predict color and light by imagination. Among my new skill, I'm now more confident at drawing and designing men. I can also better predict overexposed light areas and strong sunlight.

It feels great to do progress.

Process:

Source and high resolution (4K): Uploaded here.

A Primer on Economic Growth and Biodiversity Conservation for COP15

https://steadystate.org/a-primer-on-economic-growth-and-biodiversity-conservati…
Created
Fri, 02/12/2022 - 03:30
by Brian Czech

With COP15 coming up, it’s time to don the old conservation biologist hat and proffer a primer on the relationship between economic growth and biodiversity conservation. The last thing we want is a COP15 devoid of discussion about the fundamental conflict between growing the economy and conserving biodiversity. In fact, the 800-pound gorilla—GDP growth—ought to be front and center.

For the uninitiated, COP15 is the UN Biodiversity Conference,

The post A Primer on Economic Growth and Biodiversity Conservation for COP15 appeared first on Center for the Advancement of the Steady State Economy.

Bloomsbury Bolsheviki and other topics

https://coreyrobin.com/2022/12/01/bloomsbury-bolsheviki-and-other-topics/
Created
Fri, 02/12/2022 - 03:14
Long-time followers of this blog know that I’ve been promising, for several years, a piece on Smith and a piece on Keynes. I’m happy to say that they are finally out in successive issues of the New York Review of Books. The editors there were extremely generous with space, allowing me, across two consecutive issues and some 13,000 words, to write what has become a two-part article about these two economists. Looking over my notes, I see that my first note to myself about the piece I had hoped to write was in February 2020. So it’s taken me a really long time! But it was time well spent. Not only did I love digging into these two thinkers, but […]

Food Security in Africa: “This Crisis Has Shown the Limits to Africa’s Resilience”

/index.php/perspectives/blog/food-security-in-africa-this-crisis-has-shown-the-…
Created
Fri, 02/12/2022 - 03:08

"We risk a global decoupling in which East and West face off in a cold war, and Africans are caught in the middle," says Professor Carlos Lopes in an interview with Folashadé Soulé and Camilla Toulmin

Professor Carlos Lopes is Honorary Professor at Nelson Mandela School of Public Governance, University of Cape Town, Associate Professor at Sciences Po, Paris, Associate Fellow at Chatham House, London, and 2022 Fellow at Oxford Martin School, University of Oxford. His new book on Africa-Europe relations will be coming out in mid-2023.

Thank you for talking to us. It’s been nearly two years since our last discussion. Welcome back from COP27. You were there particularly for the African Climate Foundation?