Kirby R. Cundiff

Kirby R. Cundiff, Ph.D. is an Associate Professor of Finance at the Rochester Institute of Technology. He is a Chartered Financial Analyst and a CERTIFIED FINANCIAL PLANNERTM Professional. 

Related Freeman Articles

Feature

Why Do Banks Keep Going Bankrupt?

Moral Hazard, Regulation, and a Century of Systemic Bank Insolvency

OCTOBER 24, 2013 by KIRBY R. CUNDIFF

Deposit insurance and central banking have created a system built on moral hazard. That's a recipe for instability and continued boom-bust cycles.

Article

Monetary-Policy Disasters of the Twentieth Century

The Federal Reserve System Creates More Problems Than It Solves

JANUARY 01, 2007 by KIRBY R. CUNDIFF

CURRENT ISSUE

September 2014

For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited out social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
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