Free, unregulated financial markets serve the vital function of providing capital to the producers. Yet, through the ages, banking and other financial activities have been viewed as corrupt and exploitative. From the money-changers of the Middle Ages to the investment bankers of today, financiers have been crippled by the hostility of looters.
This course offers a moral defense of finance and financiers. It methodically examines the vital role they serve in the economy. And it explores the philosophical ideas that make the attacks on financial markets possible and why the profit motive is the only moral and practical motive for financial transactions.
Corequisite: 16-Week Objectivism Seminar course