Eighth lecture

Profit and Ethics. Aristotle’s chrematistic – Eighth guest lecture by Paul Jorion – 21th December 2012

– How come Aristotle’s theory of money is part of his Politics and his theory of price, part of his Ethics?
– What is profit?
– How can money generate money?
– Merchants vs. household heads
– Money and happiness
– A history of the “Fair price”.
– Time vs. instant. Book value, Mark-to-Market , Mark-to-Model

Guest lecture by Paul Jorion on the 21st of December 2012 at Vrije Universiteit Brussel