E... what? What is it?

I wrote two whole paragraphs.  Were there no ethics within them?  I'm not sure about your question.

Maxi

I am sorry about my English. I thought it was a straightforward question: What is ethics doing in a business thread? Meaning: I thought it was a forgotten word in the world of business, hence my question "What is it?"

Is it clearer now?

Jacek

Thank, you Jacek, now I understand your previous comment.  In my post I was answering John, who wrote that he didn't understand the reasoning - while he mentioned Sharia which I know little about - he also mentioned people choosing banks that don't deal with interest.  The reason might have started with something ethical such as I set out - hence "ethics".

Maxi

Economic vandalism, anyone? The happiest people in the world...

The economic Wise Men are well-behaved and careful people.

In their latest six-monthly report that was published today, they have laid the government’s economic policy bare and documented how the Liberal-Conservative-Danish People’s Party (VKO) majority has abused the Danish economy.

The Wise Men have demonstrated that the downturn started earlier in Denmark than in most other countries. The Danish economy has experienced one of its greatest retreats, and contrary to what most Danes think, the retreat did not take place from a high level. As you can see from the figure, Denmark has now retreated much further than Sweden and Norway.

[…]

The government has persistently tried to convince the Danes that the crisis has come from abroad in the form of the global economic crisis. But it’s a lie. The Wise Men write that: ‘the recession started at a time when the economic crisis had not yet begun to force the global economy to its knees’.

Horrifying debt
The massive economic crisis means that Denmark is currently indebting itself at a ghastly rate. The Wise Men estimate that public debt will reach DKK 700 billion at the end of 2010. That is DKK 200 billion more that planned in the so-called 2015 plan. A plan that describes what is needed to maintain a sustainable welfare state.

All in all, this is one of the most critical Wise Men’s reports in recent years … With its irresponsible economic policy the government has abused the Danish economy to such an extent that it will take many years to repair.

http://politiken.dk/newsinenglish/article814673.ece

Meanwhile, I am sure in Denmark too,

Rally Outruns Recovery

Now, of course, the Dow is soaring above 10,000 again, and life for stock brokers seems much better than it did back in March.

Originally written by Derek Thornton on October 2, 2009 9:18 AM My predictions for the US published unemployment figures over the next 6 months are: [...] October 2009: 9.9% [...]

You forgot about the recovery:

U.S. unemployment rate jumps to 10.2 percent; highest since 1983 

Apparently good news about the US unemployment:

If it does peak in the next month or two, that would really strengthen the Grant/Gertner case that employment growth could come a lot more quickly than we think, since it resembles what we observed before 1990, when "jobless" recovery wasn't yet part of the lexicon: http://www.tnr.com/blog/the-stash/unemployment-hits-102-why-am-i-so-happy

Most industries with more unequal pay--higher-end services, health care, education, even finance--have shed fewer jobs than average, or have actually added jobs, over the past two years: http://www.tnr.com/blog/the-avenue/the-great-recession-and-inequality (which would suggest that pushing for uniform translation rates may be counterproductive);

Originally written by Shiong-Fong Lew on September 4, 2009 7:29 PM We had the Great Depression and now we have the financial crisis which is the worst since the Great Depression. Do you think there will be a government somewhere that will emerge triumphant in spectacularly solving their economic woes through militarization (armament jobs)? I suppose you possibly can't get everyone idling at home to be productively at work (dollar generates more dollars) overnight without big scale militarization? Possible? (Maybe building more roads and railroads?)

While John is betting on the big scale US militarization rather than health care, Warren Buffet is betting on railroads (not in Poland, of course, where they did preserve them from the 1950s):

Buffett’s big investment in railroads looks like a shrewd way to bet on growth in emerging markets--which is where most incremental demand for U.S. raw materials and grain comes from. It’s also a polite way to bet against the dollar or, even more politely, on an appreciation of the renminbi. 

When China finally gives way to market pressure and appreciates 20-30 percent, their commodity purchases will go through the roof. You can add more land, improve yields, or change the crop mix of choice (as relative prices move), but it all has to run through Mr. Buffett’s railroad. http://www.tnr.com/blog/the-plank/what-warren-buffetts-investment-says-about-the-global-economy

Continued from above:

Digging in for the long haul in Afghanistan