
Philip Roscoe
Professor of Management at the University of St Andrews and author of How to Build a Stock Exchange, focusing on the history and social role of financial markets; delivered the lecture at the Australian National University featured in this episode.
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Aug 5, 2024 • 1h 13min
How finance shapes the world
Professor Philip Roscoe, a Management expert at the University of St Andrews and author of 'How To Build A Stock Exchange,' dives into how finance shapes our lives. He reveals the chaotic interplay between shareholder value and public welfare, and discusses the historical ties between finance and imperialism. Roscoe reflects on lessons from the dot-com era, advocating for personal responsibility in investing. Moreover, he emphasizes the evolving nature of finance as a social technology, urging a reevaluation of its moral implications.

Oct 20, 2025 • 59min
How to build a stock exchange — the past, present and future of finance
Philip Roscoe, a Professor of Management at the University of St Andrews and author of How to Build a Stock Exchange, dives into the complex history of financial markets. He reveals how finance has shaped societies, from the slave trade to today's speculative bubbles. Roscoe discusses the impact of the London Stock Exchange's origins, the cultural shifts during the 1980s Big Bang, and how automation has transformed trading. He also examines the rise of the dot-com boom and the fragility of modern financial spectacles, concluding with thoughts on the future of cryptocurrencies.


