Down under, Australian watchdogs are re-thinking their earlier reluctance about an Australian-Asian exchange.

FORBES: Asia The Next Frontier For Stock Exchange Consolidation

My choices to study English Literature and Humanities at Valparaiso University, and then at their UK exchange programme in Cambridge, England, meant that I was more interested in learning and thinking than finding a job.

FORBES: Move up http://i.forbesimg.com t Move down

What is needed is a new kind of stock exchange, designed to trade in the stocks of companies that are organized to sustain long-term thinking.

FORBES: Is "Long-Term Shareholder Value" The Answer?

As I wrote in May 2007, I first began thinking about this in 1984 when I worked on a consulting project for the New York Stock Exchange on the threat it faced from electronic stock quote providers.

FORBES: Goldman Complains About Bloomberg's Electronic Snooping