“If you’re good, you’re for finance”

October 15, 2010

To avoid demonising the already “morally condemned” financial industry, let’s put aside our tinted glasses and look at reality normally, shall we?

Two of the all time epic economists, Paul Samuelson and John Maynard Keynes were once heavily involved with all things evil in finance, i.e. trading, speculating, hedging, something that Mr Sowden would deem as a “scumbag-of-the-earth” activities. (I guess I bought into all that fundamentalist teaching for a while)

Well, Samuelson co-founded Commodities Corporation along with other PhD whizz kids which at its peak raked in more income than quite a few of the Fortune 500 firms. CC eventually became the forerunner to GS’ Hedge Fund Strategies so you can see how big these things can be.

Keynes too, played the magic of the market by SPECULATING (ouch, what a scumbag) with HIGH LEVERAGE trading currencies. He got like >50,000 pounds off all these by 1924…

So yeah, to the self-righteous imma-study-econs-for-academic-sake-for-the-purposeful-use-towards-society person, C’MON SCREW IT and let’s all HOP INTO THE BANGWAGON (I typed BANG accidentally, so let’s just leave it as that) OF DECADENCE! Well even if you’re NOT studying econs, hop on too! The lure of the dark side is just irresistible, you’ve got to admit.

One Response to ““If you’re good, you’re for finance””

  1. k said

    haha BANGWAGON cool shit

    well i guess there’s nothing wrong with them using their brains to earn them a ‘little’ extra cash on the side

    who can they potentially hurt through these economic activities? even speculating which is non-productive

Leave a comment