Finance and Banking Reflection

Finance and Banking Reflection

Banks: Their structure, fragility and role in economic growth and economic crises. Also, how credit is an essential building block of economic development. Required preparation for class:

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Niall Ferguson, The Ascent of Money, Introduction & Chapter 1

Reflect on the following questions as you read this chapter: Why has Western civilization been hostile to finance? Is it justified? What is money? What was the key to the Medici’s success? What were the key innovations of banks that created an alternative to the historical basis of value derived from precious metals?

Wells Fargo readings posted on Canvas

Palazzo/Hoffrage, Unethical Decision Making, “The History of Evil” and “Intro to Unethical Decisions in Organizations”

 

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