Friday, April 19, 2013

Where has the sentiment gone?

Good morning economists. Yesterday I was talking to a student of mine during a break. He told me a story about a neighbor who lost his job after working for a company for 17 years. "They showed him no respect" he added.

Respect? Sentiment? Those are things of the past. As we are feeling the impact of the recession, business owners tend to make business decisions with their calculator instead with their heads.
We all heard that "money cannot buy happiness". But it seems that lack of money can take away all traces of sentiment or emotion.

Could it be that the old saying is quite simply....wrong?

Have an emotional day!


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