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Seven years after the financial crisis in 2008, financiers are still the villains of the public. Most Americans believe that their irresponsible behavior and complex financial products have destroyed the economy and destroyed people's savings. Bankers have never fully paid for their crimes.
But economist Reporter Andrew Palmer Money This condemned industry can not only make a huge contribution to society, but also solve some of the most difficult for us The social issues provide the most powerful means. From Babylon to now, financial history has always been one of the strongest innovations. Now that a new generation of financial entrepreneurs is working hard to restore this tradition of profitable innovation, Palmer shows why we need their ideas more than ever today.
Palmer visits financial centers around the world, creating competitive opportunities for large-scale banks that are afraid to bet on entrepreneurial financing. He explored the world of social-impact bonds, which provide funds for poor and homeless people, while alleviating the burden on national governments and producing better results. He also explored the concept of human capital contracts, in which investors provide education funds for young people who are short of funds in return for a portion of their future income returns.
In the deep exploration of today's creative financial innovations, the future Smart Money provides an inspirational new era for financial innovation, which will benefit us all.
But economist Reporter Andrew Palmer Money This condemned industry can not only make a huge contribution to society, but also solve some of the most difficult for us The social issues provide the most powerful means. From Babylon to now, financial history has always been one of the strongest innovations. Now that a new generation of financial entrepreneurs is working hard to restore this tradition of profitable innovation, Palmer shows why we need their ideas more than ever today.
Palmer visits financial centers around the world, creating competitive opportunities for large-scale banks that are afraid to bet on entrepreneurial financing. He explored the world of social-impact bonds, which provide funds for poor and homeless people, while alleviating the burden on national governments and producing better results. He also explored the concept of human capital contracts, in which investors provide education funds for young people who are short of funds in return for a portion of their future income returns.
In the deep exploration of today's creative financial innovations, the future Smart Money provides an inspirational new era for financial innovation, which will benefit us all.
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Orignal From: Smart Money: How High Risk Financial Innovation Reshapes Our World for Better
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