Serving stakeholders

Banks occupy a central position in society and the economy. People have passionate opinions about them – some arguably misguided, some appropriately challenging. I hope to do three things here that might enhance public debate. Serving Stakeholders from Harrison Young First, I want to offer a conceptual model and some vocabulary – tools I find useful[…]

How banks work

My great grandfather was a banker in Brookings, South Dakota – a town built around a rail junction deep in farm country. His name was “John David Wilson.” Everyone called him “J.D.” He was a resourceful, hard-working teetotaler, married to a woman just as smart as he was. They bought a house with extra bedrooms and took in railway[…]