Hacker News new | ask | show | jobs
What's Wrong with Finance (economist.com)
1 points by ramsj 1843 days ago
3 comments

"[Luigi Zingales] concluded that 'at the current state of knowledge there is no theoretical reason to support the notion that all the growth of the financial sector in the last 40 years has been beneficial to society'"
Check kiting is fraud especially when the govt does it.
Greed