restoring virtue to finance 2019 AIF

Finance has become about spreadsheets and screens, not about the people behind those things.

Mihir Desai Mizuho Financial Group Professor of Finance, Harvard Business School
Aspen Ideas To Go

Putting Humanity Back Into Finance

Putting Humanity Back Into Finance

Show Notes

Societal problems like income inequality have emerged from a financial system that has taken a wrong turn, says Harvard finance professor Mihir Desai. “When finance goes awry, which I think it has, we all suffer. When finance is done well, it’s absolutely remarkable,” he says. Humanity needs to be re-infused into finance so that it’s led by personal stories rather than only value extraction. Desai, who wrote the book, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return, sits down with John Dickerson, correspondent for CBS’ “60 Minutes.” The views and opinions of the podcast guests are their own and do not necessarily reflect those of the Aspen Institute.

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