How Wall Street Became A Cult Of Risk
Policymakers need to ask what Wall Street’s mighty money machine exists for in the first place. Should the financial business exist primarily as an end in itself, or should it be, as in the original meaning of “finance,” a means to an end? …When finance becomes an end in itself, the public is liable to get angry. That’s one reason for the wave of populism that has washed over the globe since the crisis.