Topic > Misunderstandings about hope in economics and finance: A...

The cover of this issue of The Economist describes one of the biggest misunderstandings I have encountered regarding economics and finance in my professional career as a quantitative analyst as as in my personal activities regarding the topic. “Hope” for a brighter economic future is depicted as the centerpiece of the “White Light,” while the politicians the world's “Small Fish” population looks to for answers are far away in the top right corner . The way The Economist is structured, with the various illustrations surrounding the “White Light”, give me the opportunity to discuss the lack of knowledge relating to spirituality in economics and its involvement in the topic which dates back some four thousand years ago. 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" has been looking for answers in the wrong places. It can also be argued that economists, analysts and professionals in the field of economics are the answer to a question of brighter economic future, but if we consider that these professionals mostly are employed by banks, are associated with banks, politically motivated, sponsored from large corporations, etc… then it is fair to assume that these groups of professionals and once again I state that “for the most part” are guided by the “Big Fish” in how they should determine their business analysis and conduct. Here's an example: “As part of the case against Merrill, Mr. Spitzer released some humorous emails in which the bank's Internet analysts write off... half a paper... and put a gold chain around his neck . And he put him on his second chariot. And they shouted before him: "Bend your knee!" So he made him ruler over the whole land of Egypt. Furthermore, Pharaoh said to Joseph, “I am Pharaoh, and without your consent no one will lift hand or foot in all the land of Egypt.” (Torah – Bible, Genesis 41: 41-44 ISBN-10: 1581343167).“Now there arose over Egypt a new king, who did not know Joseph. And he said to his people: «Behold, the children of Israel are too many and too powerful for us. Come, let us treat them with caution, so that they do not multiply and, if a war breaks out, join our enemies and fight against them. us and flee from the land." Therefore they appointed overseers over them to afflict them with heavy burdens. They built for Pharaoh the store cities, Pithom and Raamses." (Torah – Bible, Exodus 1: 8-11: 41 ISBN-10: 1581343167)