The Misconceptions of Hope in Economics and Finance: A Hidden Message of Hope for the Little Fish of a Brighter Economic Future

The Misconceptions of Hope in Economics and Finance: A Hidden Message of Hope for the Little Fish of a Brighter Economic Future

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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...

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...and put a gold chain about his neck. And he made him ride in his second chariot. And they called out before him, "Bow the knee!" Thus he set him over all the land of Egypt. Moreover, Pharaoh said to Joseph, "I am Pharaoh, and without your consent no one shall lift up hand or foot in all the land of Egypt." (Torah – Bible, Genesis 41: 41-44 ISBN-10: 1581343167).

“Now there arose a new king over Egypt, who did not know Joseph. And he said to his people, "Behold, the people of Israel are too many and too mighty for us. Come, let us deal shrewdly with them, lest they multiply, and, if war breaks out, they join our enemies and fight against us and escape from the land." Therefore they set taskmasters over them to afflict them with heavy burdens. They built for Pharaoh store cities, Pithom and Raamses.” (Torah – Bible, Exodus 1: 8-11: 41 ISBN-10: 1581343167)

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