Vanity Fair

I picked up the December 2008 issue of Vanity Fair to read at the gym this morning and came across this article by Harvard University Professor of History Niall Ferguson, "Wall Street Lays Another Egg."

Wall Street Lays Another Egg
"Not so long ago, the dollar stood for a sum of gold, and bankers knew the people they lent to. The author charts the emergence of an abstract, even absurd world—call it Planet Finance—where mathematical models ignored both history and human nature, and value had no meaning."

This is exactly the article I have been looking for, quite the read of the crisis.

The Editor's note in this issue is also FANTASTIC.