There were a lot of innovations in the financial sector in the last ten years, because that's where a lot of the incentive to innovate was coming from. Unfortun

There were a lot of innovations in the financial sector in the last ten years, because that's where a lot of the incentive to innovate was coming from. Unfortunately, some of those innovations were very destructive, and most of the rest had no benefit to society. There were probably some new tools that resulted in more efficient allocation of capital, but those gains were swamped by the damage done.