Book of the Month by Mihir Desai
Editor’s note: Thanks to my son, Timmy, for this my favorite read of the year so far. I imagine that loving it depends on your perspective. My children and I consider ourselves wisdom-seeking writers who generally hold finance in disdain. And I know quite a few finance wizards who are not inclined to the arts. Desai, a long-time business and law professor at Harvard makes wonderful connections between the two disciplines – from as far back as Archimedes to as current as The Simpsons. I mean, who knew that the first examples of 529 college plans were romance savings accounts (for dowries) in 15th century Florence!
Excerpt: “For [C.P.] Snow, a scientist’s ignorance of Shakespeare was no less a crime than a literary intellectual’s ignorance of the second law of thermo-dynamics”.