Sunday, June 08, 2008

Restless thoughts of a sleepless night

Can we have a specialized exchange to trade "social credits" in order to develop capital markets for non-profits?
Can private sector monitoring (such as independent ratings, certified audits, transparent accounting) enhance market efficiency?
Can we think of a macroeconomic model that factors in the effects of the unaccounted economy (black economy) on national income, inflation and interest rates?