Jun 25 2013

The City of London: a giant opportunity cost

Posted by: Nick Shaxson in: Thoughts

From Compass Online, an article by Brett Scott, an ex-broker, that I recommend.

“The lure of the City is, I believe, nothing but a giant economic opportunity cost. A generation of graduates who can do discounted cash flow valuations or options-pricing is a far-cry from a resourceful nation of inventors and adventurers.”

One more for the Finance Curse literature.

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Links Jun 25 | OccuWorld 6th June, 2013 8.06 pm

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