On Sept. 4th, Pope Francis canonized Mother Teresa. She was recognized as a saint. The process took over ten years and included a reference check most are unfamiliar with.
In Hans Christian Anderson’s famous fable, the Emperor is naked yet unashamed. Not good. But this happens when the prophetic voice is dismissed.
Too much of the financial world is about idiocy. So writes Matthew Crawford. If you think he’s unfair, you’ve forgotten what private equity denotes.