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		<title>What Can the Movies Teach Us About Finance?</title>
		<link>http://www.rudofskyassociates.com/news/2009/01/06/what-can-the-movies-teach-us-about-finance/</link>
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		<pubDate>Tue, 06 Jan 2009 20:39:00 +0000</pubDate>
		<dc:creator>David</dc:creator>
				<category><![CDATA[Commentary / Opinion]]></category>
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		<category><![CDATA[introductory finance for business]]></category>
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		<description><![CDATA[When I was asked by The New School to teach NMGT2133 &#8220;Introductory Finance for Business&#8221;, I had the inspiration to use excerpts from movies and television to reinforce some of the class learning objectives. It seemed like a &#8220;no-brainer&#8221;; many of my students would be media majors, so this would be a great way to [...]]]></description>
			<content:encoded><![CDATA[<p>When I was asked by The New School to teach NMGT2133 <a href="http://ceregistration.newschool.edu/register/index.cfm">&#8220;Introductory Finance for Business&#8221;</a>, I had the inspiration to use excerpts from movies and television to reinforce some of the class learning objectives.   It seemed like a &#8220;no-brainer&#8221;; many of my students would be media majors, so this would be a great way to bridge my world and theirs.</p>
<p>Finding suitable films and tv shows to quote for this purpose has proven somewhat more difficult than I expected.  An MSNBC survey article, <a href="http://www.msnbc.msn.com/id/5497582">&#8220;The Top 10 Business Movies,&#8221;</a> gives some perspective why.  In this unscientific 2004 poll, 74% of responders cited the side-splitting film, <a href="http://www.ew.com/ew/gallery/0,,20195463,00.html?xid=partner-CNNHome-20080428-%27Office+Space%27%3A+15+quotable+lines">&#8220;Office Space&#8221;</a> as their favorite &#8220;business-themed&#8221; film, followed by &#8220;Godfathers 1 and 2&#8243;, and &#8220;It&#8217;s a Wonderful Life.&#8221;   Finance may be the lifeblood of business, but as a group, the 10 choices given to MSNBC readers depict the struggle to succeed in business from a comical, sentimental and suspenseful standpoint, while doing little to educate viewers on financial concepts.</p>
<p>Fortunately, I was able to find some great choices, including the Million Dollar Idea episode from &#8220;The Lucy Show&#8221;, &#8220;Wall Street&#8221;, &#8220;Other People&#8217;s Money&#8221; and &#8220;Lost in Lamancha.&#8221;</p>
<p>The course is open to the general public as a continuing education offering, meeting Mondays at 4pm, with the first class on 1/26/09.    Or if you are interested in some recommendations, on finance-related books, try some of these:</p>
<p>&#8220;Finance for the Non-Financial Manager&#8221;, by Gene Siciliano<br />
&#8220;When Genius Failed&#8221;, by Roger Lowenstein<br />
&#8220;Buffet: The Making of an American Capitalist&#8221;, by Roger Lowenstein<br />
&#8220;Barbarians at the Gate&#8221;, by Bryan Burrough and John Helyar<br />
&#8220;Optical Illusions: Lucent and the Crash of Telecom&#8221;, by Lisa Endlich<br />
&#8220;Disney Wars&#8221;, by James B. Stewart<br />
&#8220;Den of Thieves&#8221;, by James B. Stewart<br />
&#8220;Stocks for the Long Run&#8221;, by Jeremy Siegel<br />
&#8220;Capital Ideas Evolving&#8221;, by Peter Bernstein<br />
&#8220;Liar&#8217;s Poker&#8221;, Michael Lewis</p>
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