BankNotes – September 2014

Today, capitalism is blamed for our current disastrous economic and financial situation and a history of incessant booms and busts. Support for capitalism is eroding worldwide. In a recent global poll, 25 percent (up 2 percent from 2009) of respondents viewed free enterprise as “fatally flawed and needs to be replaced.” The number of Spaniards who hold this view increased from 29 percent in 2009 to 42 percent, the highest amongst those polled.

LMR – September 2014

What is it about hope that we should pay special mind to it in this LMR issue? Perhaps we should start with its common definition, which states that, “Hope is a feeling of expectation and desire for a certain thing to happen.” Other, more elaborate versions add that it contains an “optimistic attitude based on an expectation of positive outcomes related to events and circumstances in one’s life or the world at large.”