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Could we be Heading into economic

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  • 15-01-2011 1:12pm
    #1
    ranger4
    Registered Users Posts: 1,368 ✭✭✭


    Destabilising period next week if cowan decides to hang on as caretaker manager, interested with views with how situation with effect irish market next week, Even though Cowan has stated he would not be "caretaker" pm i am sure he will want to hang in there not wanting to cause snap election thus not getting remaining legislation through dail before next election.


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    #2
    murphy93
    Closed Accounts Posts: 38 ✭murphy93


    Just can'timagine Cow an continuing. Time to clear the decks and start afresh. He bundled through managing the country with all the skill of a clown. His lies, secret meetings and dogdy dealings seem to be catching up on him.


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    #3
    Joe1919
    Registered Users Posts: 1,149 ✭✭✭Joe1919


    murphy93 wrote: »
    ....... His lies, secret meetings and dogdy dealings .........

    I remember doing an micro-economics module about 'lies, secret meetings and dogdy dealings'. It was called 'Information asymmetry'.

    Is lies (e.g. puffery in advertising) secret meetings (Information asymmetry)and dogdy dealings (The Market for Lemons) not a normal part of business and economics?

    http://en.wikipedia.org/wiki/Information_asymmetry
    http://en.wikipedia.org/wiki/Puffery
    http://en.wikipedia.org/wiki/The_Market_for_Lemons

    Who got the nobel prize for outlining some of the above?


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