As part of the fallout, Merryn Somerset Webb wrote in the Financial Times of how WeWork was an example of a term that John Kenneth Galbraith coined long ago: the bezzle. Galbraith developed the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The bezzle is shrinking. As markets fall, the skeletons hidden away in closets in the good times are being ...

The bezzle shrinks.” We are now at this stage of the cycle. Yet while the discovery of lies is shocking, it will inevitably confuse our understanding of the boom and bust.

In this conversation with Randall Munroe, creator of XKCD, Doctorow presents his theory of mass platform collapse and his latest novel, "The Bezzle," a high-tech crime thriller about prison-tech and ...

In any case of embezzlement, there is a period when the embezzler has his gain and the victim feels no loss – a period of increased psychic wealth that John Kenneth Galbraith called "the bezzle." That ...

Mr Galbraith continues: "Under these circumstances the rate of embezzlement grows, the rate of discovery falls off, and bezzle increases rapidly. In depression all this is reversed.

The great economist Galbraith said Bezzle stretched further, and included ethical crimes, self-deception, outright corruption and fraud. Unfortunately, there won’t be any Scorpions around to ...

The bezzle of the current bull market isn't stocked with Ponzi schemes and outright frauds, in my view. Rather, it is built on the notion that risky assets have become practically risk-free thanks ...

Galbraith described that increase in wealth as "the bezzle." In a delightful essay, Warren Buffett's business partner, Charlie Munger, pointed out that the concept can be extended much more widely.

The Financial Bezzle of the Western World is Lifting What Europe hasn't realized is that large parts of it are closer to being Argentina of 1999 versus a solvent "developed world" country ...

The Bezzle is a high stakes thriller where the lives of the hundreds of thousands of inmates in California’s prisons are traded like stock shares.