Defending Shylock : Productive Work in Financial Markets

by Stephen R.C. Hicks

Like Shakespeare's Shylock, market speculators and "junkbond" dealers are criticized as manipulators of money who create no real value. But is this true? Or do financiers perform a valuable function in the economy? Stephen Hicks challenges the conventional view of financiers and explains the role of capital markets.

ABOUT THE AUTHOR:
Stephen Hicks is chairman of the Department of Philosophy at Rockford College. He is the author, with David Kelley, of The Art of Reasoning: Readings for Logical Analysis, as well as other books and articles.

Audio Cassette

First published August 1, 1998

About the author

Stephen R.C. Hicks is Professor of Philosophy at Rockford University, Illinois, USA, Executive Director of the Center for Ethics and Entrepreneurship, and Senior Scholar at The Atlas Society.