How everything became financialized over the last 30 years

[mooncliff]

Fascinating explanation of how financialization got way out of hand, giving us the insoluble problems we have now. No evil cabal necessary... just lemminglike herd behavior of compulsive gambling when at first you win and win and think that doing it more and more will go on for eternity.

Satyajit Das is always interesting. There are other interviews with him.

http://www.npr.org/blogs/money/2011/...oney-got-weird