• The Disruption of Consumer Finance and the Banking Sector

    The Disruption of Consumer Finance and the Banking Sector

    Have you ever heard of financial democracy? No, me neither. But you've likely heard or read stories about the increasing inequality in wealth distribution. In my view, the key factor that contributed to our financial system crash was not determined by individual misbehaving, but rather by the failure of the system itself-where decision power is centralized within an array of institutions.