Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Institutions are intrinisically part of those things we take for granted as we make the routine decisions of our day to day life.

I see no future for institutions or organisations in the emerging post-Internet "Peer to Peer" economy. I see the future in networked self organisation within consensually negotiated legal framework agreements.


As far as why banks are not aggressively pursuing this form of financial partnership, note that under existing capital adequacy requirements, the

In my own simplistic language, banks lend: they do not tend to invest.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sun Feb 22nd, 2009 at 03:20:06 PM EST
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