Reshaping risk-taking incentives
The evolution of banking as I have described it has satisfied the immediate demands of shareholders and managers, but has short-changed everyone else. There…
Read MoreAlchemists of Loss
Never Mind Keynes, Wealth Managers Should Read Kipling
This article appears courtesy of WealthBriefing, where it was first published. Whenever there is a crisis in financial markets such as that we have…
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Cobden Centre Radio: Fixing Britain, with Professor Kevin Dowd
Tonight on Cobden Centre Radio I interview Professor Kevin Dowd, a Senior Fellow with the Cobden Centre, and one of Britain’s best known free…
Read MoreFurther reflections on Alchemists of Loss
Last week I presented a book review of Alchemists of Loss [1]. Now I seek to explore the errors of Modern Financial Theory in more…
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Alchemists of Loss
How Modern Finance and Government Intervention Crashed the Finance System by Kevin Dowd and Martin Hutchinson , Published by Wiley 2010. This book is…
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