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The Morality of Finance a Talk for the Georgia Banking Association: Yaron Lectures

Yaron Brook Show

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The Role of Bankers and Financiers in Modern Technology and the Economy

This chapter explores the vital role of bankers and financiers in shaping modern technology and the economy. It examines the example of Michael Milkin and his invention of high yield bonds, which enabled the development of fiber optics infrastructure and emphasizes the essentiality of bankers in enabling economic consumption smoothing and access to credit for purchasing homes and goods.

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