Old fashioned virtue (& other people’s money)

John Kay has been in Australia for the last few days, promoting his new book, Other People’s Money – Masters of the Universe or Servants of the People?  Thanks to the Grattan Institute, he and I were interviewed in front of a couple of hundred people on Monday and had dinner afterwards. John is an[…]

Thinking about banking

Some years ago, I was introduced to a well-known writer at a party in Melbourne. “Harrison’s a banker,” my host said helpfully. “Gee,” responded the writer without missing a beat, “I’ve never met anyone in organized crime before.” I spent half a second searching for a clever response. But the Global Financial Crisis was raging,[…]