The recent New York Times article “Insurance 101: Butler Undergrads Write Coverage for Dogs and Pianos,” about Butler University’s student-run insurance company, brings to mind the 2017 book The Wisdom of Finance: Discovering Humanity in the World of Risk and Return, by Mihir A. Desai, an economist and professor at both Harvard Business School and Harvard Law School.

Desai’s book is worthy of all the considerable praise it has received, including various best of the year lists, and being long-listed for the coveted Financial Times and McKinsey Best Business Book of the year. He devotes considerable space to insurance, delivered in a style representative of the entire book: thoughtful, subtle and representing more than one point of view on the subjects he covers.

Read More