Thursday, September 22, 2011

There's no going past Stead's epic satire



In The Australian, Michael Ackland discusses House of All Nations in an article called, "On Christina Stead and our financial crisis."

He writes:


Is it still true, as Stead wrote, that "I know, as well as you do, that no banker can afford to have his books looked into"? Certainly leading banks still enjoy considerable leeway in their reporting, and seem to acknowledge risks and losses as they see fit.


Later the newspaper mentions House again at the bottom of this article about recommended reading for politicians.


[Brigid] Rooney says. "For a penetrating anatomy of the corruptions of high finance, the mystery of the market and voodoo economics, there's no going past Stead's epic satire. It should be required reading for any treasurer or finance minister."


No comments:

Post a Comment