December 16, 2016
Upon it’s initial release in 1946, Frank Capra’s It’s a Wonderful Life
was something of a financial flop, failing to reach the break-even point of $6.3 million. Although it was nominated for Best Picture at the Academy Awards, it wasn’t until subsequent decades that it became recognized as one of the greatest Christmas films ever made.*
The movie is long overdue for another reappraisal, for it’s also one of the best films ever created about economics and financial services. Continue Reading...