Tag: finances

The Economist finds that Justin Welby actually knows something about banks

The striking thing about the archbishop’s tone is that it avoids several extremes. In contrast with some religious discourse, he does not see the financial sector as self-evidently or incorrigibly nefarious. He does not view the efficient allocation of capital, and the broking of deals between risk-takers and risk-avoiders, as an immoral business.

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