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By providing a holistic view of financing sources to SME owners and managers, the study can assist policymakers in designing appropriate policies for these individuals and help identify underutilized financing sources for SMEs.
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Keynes's jaundiced view of finance reflected his own experience as an investor and as a director of an insurance company.
"He's got a well-defined view of finance that is very refreshing," notes Austan Goolsbee, a University of Chicago professor who is the chief economist of the White House advisory board that Volcker chairs.
In the view of finance ministers in the euro area, Greece will meet the demands of the toughest austerity program ever imposed upon a nation and will generate enough cash to bring the debt below 100percentt of G.D.P.
You don't have to subscribe to a tail-wags-the-dog view of finance and politics to believe that this would lead to a rapid change of thinking, and of behavior, in Washington.
One of the reasons for this failure in the market for economic analysis was the hegemony of the efficient-markets hypothesis, and the sunny view of finance it embodied.
And Eugene Fama, father of the efficient markets view of finance, said on CNBC last year that having banks that are "too big to fail" is "perverting activities and incentives" in financial markets — giving big financial firms "a license to increase risk; where the taxpayers will bear the downside and firms will bear the upside".
Shiller, in showing that the stock market bounced up and down a lot more than could be justified on the basis of economic fundamentals such as earnings and dividends, kept alive the more skeptical and realistic view of finance that Keynes had embodied in his "beauty contest" theory of investing.
Although my greed had been expunged at Oberlin, and the financial crisis of 2007-08 had left me with a more or less permanent view of finance as an industry built on fraud, I found it hard to dislike some of my new acquaintances.
Corporate finance planning requires a systematic, multi-perspective view of finance, taking into account both various types of financial information from individual departments and also an overall understanding of the entire company.
Importantly, these much more market-friendly policy prescriptions, which might have been more to Hayek's liking, also came with their own scientific justifications and their own guarantees of academic authority: the reforms were not only cheered by those who accept the efficient market view of finance, but they counted the likes of Larry Summers among their champions.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com