The Public Responsibility of the Economist Part 1: Dr. Frankenstein, I Presume? Part 2: Why is economics special?

“These days, the most common question I get from junior analysts about derivatives is, “How much money did we make off the client? ….. I attend derivatives sales meetings where not one single minute is spent asking questions about how we can help clients. It’s purely about how we can make the most possible money off of them. It astounds me how little senior management gets a basic truth: If clients don’t trust you they will eventually stop doing business with you.”