Nicholas Kristof hopes young idealists can save American capitalism
(NEWSER) - Nicholas Kristof was dumbfounded when, during a recent college lecture, a student asked him if banking jobs were immoral. "I've been sympathetic to the Occupy Wall Street movement, but look, finance is not evil," he writes in the New York Times . It's an essential force, allocating capital to efficient uses. But there's a caveat: When young people do get banking jobs, "I hope that they'll show judgment, balance, and principles instead of their elders' penchant for greed and rigging the system." More»