SOURCE: The New Republic
Dickens Would Have Had Bankman-Fried's Number
The novelist targeted the absurdities and self-congratulation of utilitarian philosophers, the forerunners of the tech industry's "effective altruism," in his 1854 "Hard Times."
SOURCE: The Nation
The Fall of the American Fraudster?
From Sam Bankman-Fried to Dr. Oz, are the latest wave of American scam artists going to get what's coming to them? Stephen Mihm puts the lastest round of hucksters into the longer history of American fraud, official indifference, and public credulousness.
Britain's Financial Hub Confronts its Involvement with Slavery
"Lloyd's and the Bank of England have each hired a historian to delve into their roles in the slave trade and are planning on publicizing the results in the next year."
SOURCE: Woodrow Wilson Center and National History Center
Indentured Students: Elizabeth Tandy Shermer on Student Debt (Monday, October 4)
Elizabeth Tandy Shermer shows that Democrats and Republicans intentionally wanted to create a student loan industry instead of generously funding colleges and universities, which eventually left millions of Americans drowning in student debt. Zoom, Monday, Oct. 4, 4:00 PM EDT.
SOURCE: l'Institut National de l'Audiovisuel (INA), France
French Documentary Video: British Tory Leader Jacob Rees-Mogg at Age 12 Loved Money and Thatcher, Feared Future Alimony
A French interviewer and documentary crew interviewed the future Tory leader about his precocious interests in the stock market and his love of Margaret Thatcher.
Why Does Speculation Persist in the Age of Predictive Data?
by Gayle Rogers
"During this pandemic, all of us have studied many data points to assess our risks and predict how safe our futures will be under X or Y scenarios. Even when there has been no shortage of data, even when the data have overwhelmed us, the future has never been made certain and clear for us by them. Instead, we have had to become speculators to some degree."
SOURCE: National History Center and Woodrow Wilson Center
Event: A War on Global Poverty: The Lost Promise of Redistribution and the Rise of Microcredit with Joanne Meyerowitz (5/17)
Joanne Meyerowitz gives historical perspective on the rise of microcredit aimed at women as a model of international development aid as part of the National History Center's Washington History Seminar. Join on Zoom on May 17.
SOURCE: Made By History at The Washington Post
COVID-19 has Exposed the Flaws in how We Finance Hospitals
by Barbara Bridgman Perkins
The financial sector has hijacked health care, making Americans vulnerable to pandemics.
SOURCE: Chronicle of Higher Education
When University Leaders Fail
by François Furstenberg
A university governed by long timelines and long-term thinking grows conservatively and cautiously and prepares itself prudently for potential crises. If you turn a university into a giant corporation, on the other hand, it will rise and fall with the business cycle.
SOURCE: Foreign Policy
The Death of the Central Bank Myth
by Adam Tooze
A financial historian argues that it's time to see institutions like the European Central Bank and the Federal Reserve as political actors and question how and why they act.
SOURCE: Foreign Policy
The Normal Economy Is Never Coming Back
by Adam Tooze
The latest U.S. data proves the world is in its steepest freefall ever—and the old economic and political playbooks don’t apply.
SOURCE: Chicago Sun-Times
American Finance Grew on the Back of Slaves
by Edward E. Baptist and Louis Hyman
Asset securitization made slavery possible.
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