US Economy

Putting Humanity Back Into Finance

February 11, 2020  • Aspen Ideas to Go

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.”

“Aspen Ideas to Go” is a weekly show featuring fascinating speakers who have presented at the Aspen Ideas Festival and other public programs offered by the Aspen Institute. For a curated listening experience, subscribe to the podcast on Apple Podcasts or find an archive of episodes here The views and opinions of the podcast guests are their own and do not necessarily reflect those of the Aspen Institute.