An Anthropologist Explains How Wall Street Culture Reshaped The Entire Economy
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Nov 04, 2019
Episode Duration |
00:43:38

Where did the notion come from that the obligation of a company's management is to maximize shareholder returns, even if it means pain for workers? On this week's Odd Lots podcast, we speak with Karen Ho, a professor of anthropology at the University of Minnesota, who can answer the above question. Unlike your typical anthropologist, she did her field work inside a Wall Street bank to discover how the specific culture of finance bled through to the real economy.

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