Possible Outcomes of the new Banking Amendment Act 2016: A Case Study of Kenya

October, 2016 Two months ago, the author of this article wrote a piece on the debate about capping of bank interest rates. On 24th August 2016, the bill was signed into law and the banks woke up to a new world; an end to liberalization of interest rates into a world of limited sources of income. This new …

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Intellectual yet Idiot

  This is the work of Nassim Taleb: The Intellectual Yet Idiot What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of paternalistic semi-intellectual experts with some Ivy league, Oxford-Cambridge, or similar label-driven education who …

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