This inspiring work by John C. Bogle, one of the great financial innovators in American history, sounds like an echo of the distant past. Indeed, he calls for a return to 18th century values, and uses such words as “virtue” and “character” to describe his vision of how the financial system should be constituted. Many of the themes Bogle strikes will be familiar to readers acquainted with his other works. However, with the American financial system in crisis, his critique gains a new resonance. Indeed, readers may detect a striking parallel between author Bogle’s call for professional responsibility in the financial services industry and President Barack Obama’s call for greater responsibility within society at large. Let getAbstract be the first to confirm that this book is clearly a product of its times.
About the Author
John C. Bogle is the founder of the Vanguard Mutual Fund Group and president of Bogle Financial Markets Research Center. This is his seventh book.