A wise person* once observed that it isn’t until that the tide goes out that one knows who’s been swimming naked. After the "Great Recession," it became apparent that many of us invested in something other than swimwear. I have served as Seminar Director for the NAS Finance seminar since its launch in April 2009, during, but not in response to, the economic crisis. As destructive as the macroeconomic environment has been, finance is a topic that is equally relevant to cultural managers in both buoyant and scary times. Having just wrapped … [Read more...]