To me it's strange to think of money as a resource especially on the societal level. Money is just a unit of account. Creating more or less of it should not create more resources or products.<p>People, natural resources, finished products, those things are finite and thus there's a need to allocate them. Money has turned out to be a good way of doing that.
I'm no sympathetic to effort to rehabilitate people like this. Especially with "look what vacuous homilies they have to offer".<p>Aside engaging in actual crime, Milken's career was part of a trajectory where corporate raiders forced a perspective of ultra-short-term-ism onto the corporate world, something we're still suffering from. And the association between this and actual law-breaking isn't coincidental.