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Richard Smyth's Library tagged capitalism   View Popular

01 Dec 08

Wall Street Lays Another Egg: vanityfair.com

Not so long ago, the dollar stood for a sum of gold, and bankers knew the people they lent to. The author charts the emergence of an abstract, even absurd world—call it Planet Finance—where mathematical models ignored both history and human nature, and value had no meaning.

www.vanityfair.com/...banks200812 - Preview

wallstreet mortgagecrisis economy economics capitalism vanityfair niallferguson

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