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Putting Humanity Back Into Finance

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Societal problems like income inequality have emerged from a financial system that has taken a wrong turn, says Harvard finance professor Mihir Desai. “When finance goes awry, which I think it has, we all suffer. When finance is done well, it’s absolutely remarkable,” he says. Humanity needs to be re-infused into finance so that it’s led by personal stories rather than only value extraction. Desai, who wrote the book, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return, sits down with John Dickerson, correspondent for CBS’ “60 Minutes.” The views and opinions of the podcast guests are their own and do not necessarily reflect those of the Aspen Institute.

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514 episodes

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Putting Humanity Back Into Finance

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Manage episode 253207760 series 2529451
Content provided by The Aspen Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Aspen Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Societal problems like income inequality have emerged from a financial system that has taken a wrong turn, says Harvard finance professor Mihir Desai. “When finance goes awry, which I think it has, we all suffer. When finance is done well, it’s absolutely remarkable,” he says. Humanity needs to be re-infused into finance so that it’s led by personal stories rather than only value extraction. Desai, who wrote the book, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return, sits down with John Dickerson, correspondent for CBS’ “60 Minutes.” The views and opinions of the podcast guests are their own and do not necessarily reflect those of the Aspen Institute.

aspenideas.org

  continue reading

514 episodes

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