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Gene Sperling and Wall Street's Giant Sucking Sound

Harvard Business Review

million in one year from the hedge fund D.E. This gap between what employees of Goldman and its Wall Street peers (including hedge funds, private equity firms, etc.) The increasing rewards to work in finance were for a long time defended as evidence that the financial sector was creating more value than the rest of the economy.

Shaw 13
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Is Economics Ready for a New Model?

Harvard Business Review

The conviction spread that, thanks in part to financial innovation, the world's developed economies had become more resilient even as financial markets became more volatile. You can find lots of scholars at top economics departments who study why bubbles and crashes happen, and how psychology and genetics shape individual decisionmaking.