The Wild West ... the outback ... The new world of the 1800s was a time of true liberty. People stood on their own merits. They won or they lost and they reaped the rewards or swallowed the consequences. There were no cubicle dwelling civil servants hell bent on saving you from yourself. No planning permits no licenses no permissions no heritage overlay no bylaw no regulators no inspectors. And guess what ... it worked

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Wednesday, September 23, 2009

The good oil

The following pod cast gives a couple of alternative views about the lessons to be learnt from the great depression as they apply to our current global crisis. Worth a listen.

The New Financial Deal: What Do the 1930s Teach About Reforming Today's Financial Markets?

Speakers:John H. Cochrane, Myron S. Scholes Professor of Finance, University of Chicago Booth School of Business
Thomas F. Cooley, Dean, Leonard N. Stern School of Business, New York University
Charles Geisst, Professor of Finance, Manhattan College; Author of Wall Street: A History
Ingo Walter, Seymour Milstein Professor of Finance, Corporate Governance, and Ethics, Leonard N. Stern School of Business, New York University

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