Mainichi Shimbun on Credit Suisse's demise and bankers' skills
engines of growth in Switzerland. Mr. Legge said, "There is a difference between generating profits and creating value”. Compared to the pharmaceutical and chemical industries, which develop new drugs and [...] he said. Some also question whether newly developed financial products and technologies are really making the world a richer place. In their book "Good Economics for Hard Times," Abhijit Banerjee and Esther [...] Esther Duflo, Nobel laureates in economics, write, "Why should young people, who could be developing more socially beneficial products and services, be hired by banks to write software for high frequency …
