Xavier Vives

For Xavier Vives's latest contributions to The Japan Times, see below:

Commentary / World Jan 7, 2009

Managing fads, frenzies and finance markets

BARCELONA — The financial crisis, credit crunch and ensuing economic downturn have severely damaged the credibility of financial markets, institutions and traders. More and more people are claiming that markets are characterized by irrationality, bubbles, fads and frenzies, and that economic actors are driven ...