Sir Moses Haim Montefiore
Sir Moses Haim Montefiore (1784-1885) the British Jewish banker, philanthropist, international fighter for human rights, and one-time Sheriff of London, was once, the story goes, seated at a dinner party next to a notoriously anti-Semitic nobleman who remarked that he had just returned from Japan where “they have neither pigs nor Jews.” Montefiore is supposed […]
The Financial Crisis Explained in Simple Terms
This is a pretty good illustration yet of how we got into our financial crises. Heidi is the proprietor of a bar in Berlin. In order to increase sales, she decides to allow her loyal customers – most of whom are unemployed alcoholics – to drink now but pay later. She keeps track of the […]
