On Thursday June 16 during the 8:20 am cdt segment John Allison will join us on The Morning Show. John is currently Distinguished Professor of Practice in the business school at Wake Forest University. Prior to joining the faculty, he was the Chairman of BBT from 1988 to 2009. Under his leadership, BBT grew from a very small bank in NC to one of the largest banks in the country. More importantly, did it the right way and were able to emerge from the financial crisis unscathed. (John’s bio)
At Wake Forest he is spreading the word about the power of capitalism and free markets on the campus. John passionately make the case that capitalism is not only the most efficient way to organize economic activity, but is morally justified since it respects and encourages the contributions and freedoms of the individual. One of works which has shaped John’s worldview is Ayn Rand’s classic Atlas Shrugged (early posts on it). In fact, while at BBT it was required reading for his senior management team. (Here are couple articles on him activites from Reuters and The New York Times)
During John’s time with us we will discuss the importance of teaching capitalism and the impact of Atlas Shrugged. Hopefully, we will have time to get into the financial crisis since John has in depth knowledge on how the industry really works.
To wet your appetite for the discussion, check out this segment on CNBC recently. Be sure to tune in to WMOX, 1010 AM in Meridian. If outside the area you can listen on WMOX’s streaming video link on my website.
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