Has Financial Innovation Been Discredited?

The well known Turkish propaganda has long been discredited.

Demonology and witchcraft have been discredited... since the Middle Ages.

Most of these debts were entered into by many of the discredited leaders.

The United Nations, in particular, will be discredited and support for it may be undermined.

One factor diminishing the likelihood of governments intervening more directly in markets is that the recent crisis seems to have discredited government as much as it discredited the financial sector. During the Great Depression, matters were different.

The purpose of these changes was to kill discredited old institutions off and allow new cooperative structures to emerge.

Further compounding the situation was the reassertion of discredited strategic doctrines which had created a pervasive sense of global insecurity.

Reform should put an end to the excessive politicization and adversarial approaches which have discredited the operations of the Human Rights Commission.

A brief history of the concept, and a comparison with another term that also became discredited by overuse, helps to explain what happened.

The Swedish Academy was discredited, and announced in this May that it decided to cancel the award of the 2018 Nobel Prize in Literature.

After decades of authoritarian rule, citizens, frustrated with discredited institutions and paralyzed political parties, have begun to employ social media to organize civil resistance.

Inflation is another concern. With official figures widely discredited, private analysts estimate that consumer prices are rising at an annual rate of 25 or more.

The presence of MINURSO was a good thing, even though it was discredited among the population itself, who felt that it should be doing more.

World leaders' attention would be riveted on that existential threat, collective security mechanisms could be discredited and hard won freedoms and human rights could be compromised.

Nothing is more discredited in Anglo American economics than the policy of picking winners. The consensus has been that it inevitably leads to the state backing losers.

The current mess stems partly from adherence to a long discredited belief in well functioning markets without imperfections of information and competition. Hubris has also played a role.

The eurozone sovereign debt crisis appears to have been the worst managed financial crisis since Argentina s default in 2001. The European Union and eurozone leaders have seriously discredited themselves.

But I have begun to wonder whether it will really be possible to achieve peace on this basis. Fatah, and Palestinian moderates like President Mahmoud Abbas, have been totally discredited.

The immediate causes are well known. They range from subdued bank lending to unusually high risk aversion, and from discredited credit vehicles to the withdrawal of some institutions from credit intermediation altogether.

6. The discredited Provisional Electoral Council, which ceased to exist in July with the resignation of its two remaining members and the closing of its regional offices, has not yet been replaced.

They do not come to save their lives, but to improve them. By lumping asylum seekers together with economic migrants, the latter are discredited, as though they were trying to squeeze in under false pretenses.

Bush s presidency was discredited and sunk by the man whom he fatally selected to work for him. The bigger tragedy was that so many others paid a much higher price for this than Bush did.

NEW YORK When too many Italians voted late last month for either a louche and discredited business tycoon or a comedian, European stock markets plummeted. With no public trust in the political class, Italy might become ungovernable.

Third, in Britain at least, the entire political class has been discredited by a sleazy scandal about the expenses that many parliamentarians have paid themselves. Analogies with pigs, snouts, and troughs fill the pages of British newspapers.

For all those reasons, this delegation has reservations about the resolution's fourth preambular paragraph, because we are referring to a discredited document that, needless to say, is null and void and of no effect for the Republic.

The report continued that the Palestinians made frequent references to the historically discredited Protocols of the Elders of Zion , published tales of Jewish plots and Jewish fangs , and depicted Jews as power hungry people lusting after money .

Now if he had repeated the question in its entirety, or if he had peppered his account with a little too much detail and we're all really glad he didn't do that he would have further discredited himself.

Unless we do that better, fewer people will vote for MEPs, more of them will be elected simply on a protest vote and represent Europe s murky extremes, and the whole practice and principle of European democracy will be discredited.

Many were stripped of their responsibilities, and the persons involved were discredited. The Dutch central banker Gerard Vissering resigned and eventually killed himself as a result of the destruction wrought on his institution s balance sheet by the pound s collapse.

The attraction of the peg, particularly in the currency board variant, is that it can be a potent tool for fighting high inflation, in which case it can be seen as an alternative to discredited central bank currency management.

But Berlin browbeat him into further austerity. Now, with both the center right and the center left discredited together, they received only 35 of the popular vote Marine Le Pen s racist Front National topped the poll by promising radical change.

Almost none of the writers had seen the exhibition most had signed form letters. The events around the exhibition discredit the Russian Orthodox Church, just as the fatwah condemning Salman Rushdie to death discredited Islam, said Elena Bonner, Andrei Sakharov's widow.

In the early 1980 s, they fell under the spell of monetarism, a simplistic economic theory promoted by Milton Friedman. After monetarism was discredited at great cost to those countries that succumbed to it the quest began for a new mantra.

MELBOURNE If the broad post World War II prosperity that has endured for six decades comes to an end, both the United States and Europe will be responsible. With rare exceptions, politics has become a discredited profession throughout the West.

In the early 1980 s, they fell under the spell of monetarism, a simplistic economic theory promoted by Milton Friedman. After monetarism was discredited at great cost to those countries that succumbed to it the quest began for a new mantra.

The third major obstacle to global peace and prosperity is the disappearance of ethics from the functioning of states and markets. Governments and multilateral bodies like the UN have gradually been discredited, along with the value systems on which they are based.

The position fell vacant after senior officials, many of them Gabonese, were discredited in an embezzlement scandal that erupted in October 2009. Major fraud at the Paris office cost the bank around 28 million, showing the weakness of audit and control mechanisms.

The stakes are high, and failure would be costly to Americans, Israelis, and Palestinians. If the talks collapse, US foreign policy in the Middle East would be further discredited, and nothing would remain to keep the parties from launching another round of conflict.

But inflation targeting was never an obvious concept, and the financial crisis has discredited it. In 2003, Ben Bernanke, then a Governor of the US Federal Reserve, stated in a speech that many Americans considered inflation targeting foreign, impenetrable, and possibly slightly subversive.

GAZA CITY With dueling authorities running Gaza and the West Bank, the Palestinian people find themselves in the middle of an experiment. In Gaza, where Hamas is in charge, the high price of armed resistance to Israel has discredited any attempts to revive the conflict.

That was necessary as females constituted a class of victims for whom evidence and testimony were discredited, thereby seriously impeding the successful prosecution, conviction and sanctioning of offenders, as well as the reporting of and response to such acts of violence as a criminal offence.

Mainstream economic models were discredited by the crisis because they simply did not admit of its possibility. And training that prioritized technique over intuition and theoretical elegance over real world relevance did not prepare economists to provide the kind of practical policy advice needed in exceptional circumstances.

It is self deceiving to assume that those on the Palestinian side involved throughout the discredited Oslo process can still muster the necessary popular legitimacy to win support for a compromise with Israel that would require painful concessions on issues central to the Palestinian national ethos.

Ten years later, in 1989, the Soviet model of economic planning and modernization through centrally directed growth was discredited. In its last phases, it had taken on large quantities of foreign debt, and over indebtedness finally sunk a model that had fundamentally failed long before that.