The Economist (4 Sept 09): Reforming Finance: He Told Us So

In a review of Henry Kaufman's "The Road to Financial Reformation: Warnings, Consequences, Reforms", it was suggested that business schools should teach financial history before risk-modelling.

 

To avoid repeating the past, we need to know history. But is this a cure all?  Let's see how Ben Bernanke saves the world in the coming year or two.