Working Papers

David Murray as Sen Groupie

In an interview with the WSJ, Future Fund Chairman David Murray shows a somewhat reassuring preference for serious economics over business school schlock:

WSJ: Do you have a favorite business book?

Mr. Murray: No. The book that really made an impression on me was a book by [Indian economist and Harvard University professor] Armartya Kumar Sen called “Development As Freedom.” It explains the linkage between the system of government and democracy on one hand and business on another, and they are interrelated; they can’t be as easily separated as people make out.  Business has no chance of thriving reliably for its owners under a rule of law that doesn’t embody democracy, freedom and property rights.

Here’s another book we hope Murray has read.

posted on 25 July 2007 by skirchner in Economics, Financial Markets

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I think he has. I read Murray’s comments on negative-sum active investing in a story on the Eureka Report.

Posted by .(JavaScript must be enabled to view this email address)  on  07/26  at  10:48 AM

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