An interview with Oxford Professors David Vines and Nicholas Morris on Capital Failure: Rebuilding Trust in Financial Services. The authors speak with Seven Pillars Institute about their views on ethics, trust, regulation and the way forward in financial services.
Your new book Capital Failure: Rebuilding Trust in Financial Services argues the culture of trust in the financial services industry was eroded over the past few decades. Can you give the main reasons for this erosion?
Chapter 2 of our book provides...
By: Remy Smith
Political races are expensive. Candidates are pressed by consultants and campaign management to raise exorbitant amounts of money to create lit pieces and other advertisements that may sway potential voters. Recently, the advent of SuperPACs allows large donors to circumvent campaign contributions.
Though limited in direct contributions to a campaign (so called hard money), any individual can donate unlimited sums to a SuperPAC or soft money. The latter is used for issue advocacy or support of a candidate. SuperPACs are controversial because they...