The financial industry took most of the blame for the 2008 financial
meltdown, as it has taken the blame for virtually every economic crisis
and disaster in history. In this talk, Yaron Brook will challenge the
conventional wisdom and argue that finance is a crucial, productive, and
Addressing a widespread myth, Dr. Brook will show how the financial
industry has long been the most regulated industry in America, and that
these regulations were a central cause of the recent financial crisis.
Free, unregulated financial markets, he’ll conclude, serve the vital
function of providing capital to producers and fueling economic
Dr. Brook will end by exposing the deepest source of hostility toward
the financial industry: the widespread hatred of the profit motive.