Virtuous Bankers The eighteenth-century Bank of England was an institution that operated for the benefit of its shareholders—and yet came to be considered, as Adam Smith described it, “a great engine of state.” Read More
Can bankers ever be virtuous? There are few today who link banking with virtue. The common view is of an industry greedy for profits and far too willing to take risks that, when they go wrong, lead to expensive bail outs using tax-payers’ money while the perpetrators walk away wi...Read More
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