Wishlist

Consultez notre libraire

Other People's Money: Masters of the Universe or Servants of the People?

1.0

(1)

Le Pitch

Shortlisted for the Orwell Prize 2016We all depend on the finance sector. We need it to store our money, manage our payments, finance housing stock, restore infrastructure, fund retirement and support new business. But these roles comprise only a tiny sliver of the sector's activity: the vast majority of lending is within the finance sector. So what is it all for? What is the purpose of this activity? And why is it so profitable?John Kay, a distinguished economist with wide experience of the financial sector, argues that the industry's perceived profitability is partly illusory, and partly an appropriation of wealth created elsewhere - of other people's money. The financial sector, he shows, has grown too large, detached itself from ordinary business and everyday life, and has become an industry that mostly trades with itself, talks to itself, and judges itself by reference to standards which it has itself generated. And the outside world has itself adopted those standards, bailing out financial institutions that have failed all of us through greed and mismanagement. We need finance, but today we have far too much of a good thing. In Other People's Money John Kay shows in his inimitable style what has gone wrong in the dark heart of finance. Afficher moinsAfficher plus

Other People's Money: Masters of the Universe or Servants of the People?

1.0

(1)

Indisponible

Le Pitch

Shortlisted for the Orwell Prize 2016We all depend on the finance sector. We need it to store our money, manage our payments, finance housing stock, restore infrastructure, fund retirement and support new business. But these roles comprise only a tiny sliver of the sector's activity: the vast majority of lending is within the finance sector. So what is it all for? What is the purpose of this activity? And why is it so profitable?John Kay, a distinguished economist with wide experience of the financial sector, argues that the industry's perceived profitability is partly illusory, and partly an appropriation of wealth created elsewhere - of other people's money. The financial sector, he shows, has grown too large, detached itself from ordinary business and everyday life, and has become an industry that mostly trades with itself, talks to itself, and judges itself by reference to standards which it has itself generated. And the outside world has itself adopted those standards, bailing out financial institutions that have failed all of us through greed and mismanagement. We need finance, but today we have far too much of a good thing. In Other People's Money John Kay shows in his inimitable style what has gone wrong in the dark heart of finance. Afficher moinsAfficher plus

Détails du livre

Titre complet

Other People's Money: Masters of the Universe or Servants of the People?

Editeur

Publication

21 avril 2016

Pages

368

Taille

19.8 x 12.8 x 2.6 cm

Poids

235

ISBN-13

9781781254455

Livré entre : 25 juillet - 28 juillet

Disponible chez le fournisseur

Impression à la demande

Expédition immédiate

Chez vous entre :

Livraison gratuite (FR et BE) à partir de 20,00 € de livres d'occasion

Retour GRATUIT sous 14 jours.

Image to render

Revendez-le sur notre application!

Acheter la série complète

Kay, John

( livres)

Voir toute la série

Total-

Aller plus loin

Vous pouvez également aimer

Récemment consultés