The Misconceptions Of Hope In Economics And Finance: A Hidden Message Of Hope For The Little Fish Of A Brighter Economic Future

1949 words - 8 pages

The cover of this issue of The Economist depicts one of the greatest misconceptions I have encountered regarding economics and finance in my professional career as quantitative analyst as well as in my personal pursuits regarding the subject matter. “Hope” for a brighter economic future is depicted as a center piece of “White Light”, whereas the politicians that the world population of “Little Fish” looks to for answers are far removed in the top right hand corner. The manner in which The Economist is laid out, with the various illustrations surrounding the “White Light” allow me the opportunity to discuss the lack of knowledge relating to spirituality in economics and its involvement in the subject matter dating back some four thousand years. Many will argue that the cover of this Economist has nothing to do with spirituality, yet I will show the reader that the reality is; this cover of The Economist is exposing a hidden message of spirituality in economics and that “Little Fish” have looked for answers in the wrong places.

It can also be argued that economists, analysts, and professionals within the field economics are the answer to a brighter economic future, yet If we are to consider that these professionals for the most part are either employed by banks, are associated with banks, politically motivated, sponsored by major corporations, etc… then it is fair to assume, that these groups of professionals and once again I state “for the most part” are directed by the “Big Fish” on how they are to deterimine their analysis and business conduct. Here is one example:

“As part of Mr Spitzer's case against Merrill, he has released some entertaining e-mails in which the bank's Internet analysts dismiss companies in messages to one another using such colorful terms as “crap” or “a piece of shit”, even as they touted the companies' merits to clients.”( "Financial Analysts: Independence Days | The Economist - 22 Apr. 2002. Web. 22 Sept. 2011. .)

Former Vice President Dick Cheney has been a politician and “Big Oil” (“Big Fish”) business man for thirty five plus years. Prior to being elected as Vice President of the United States, Dick Cheney was C.E.O. of a company called Halliburton. Halliburton and former Vice President Dick Cheney have come under numerous investigations while he was in office and after he left office. Please refer to the following article for several allegations of corporate and political scandal in the Washington Post:
Rittman, Anne. "OnPolitics (washingtonpost.com)." The Washington Post: National, World & D.C. Area News and Headlines - The Washington Post. Washington Post, 11 July 2002. Web. 22 Sept. 2011. .

The Halliburton implications have never truly been clarified to the public and remain shrouded in various forms of confusion and secrecy. Yet, the U.S. public, World...

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