The playwright did not only give us the language of love and power. He also gave us the language of money, debt and broken promises.
Hitchings's review surveys three new books on Shakespeare's contributions to the working vocabulary of English. The most interesting of the three traces how words like collateral, premium, indemnity, dividend and creditor entered everyday usage through the plays — not because Shakespeare invented them, but because he was the first to use them in dialogue meant for ordinary people.
The financial advice industry is, more than anything else, a vocabulary problem. The single biggest reason clients freeze on a decision is that the words feel foreign. Hitchings's reminder that the language of money was once new to everyone is a useful one for advisors and clients alike.
A 15-minute review — an update on positioning.
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