John Kay :Creating a Socially Useful Financial System

One of my favorite presentations of Inet Berlin was John Kay, he questions where do profits come from for Banks? No spoilers, it’s better to see the video and get the answer yourself.

Vodpod videos no longer available.

And read the wonderful essay on the State of Economics http://www.johnkay.com/2011/10/04/the-map-is-not-the-territory-an-essay-on-the-state-of-economics

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