Books > Business & Economics > Finance & accounting > Finance
|
Buy Now
Out of Crisis - Rethinking Our Financial Markets (Paperback)
Loot Price: R1,127
Discovery Miles 11 270
|
|
Out of Crisis - Rethinking Our Financial Markets (Paperback)
Expected to ship within 12 - 17 working days
|
Former Federal Reserve chair Greenspan recently said that the risk
management paradigm is broken; thus our understanding of financial
regulation no longer makes sense. More generally, the current
financial crisis obliges us to rethink the relationships among
financial markets and governments. "Out of Crisis" shows how
markets are a form of social and political organization.
Consequently, the divide between markets and governments that
continues to structure thought across the political spectrum is too
simplistic. The prejudices of the left (government should act when
markets fail, because something must be done), and of the right
(governments should defer to markets, which are more efficient) do
not really come to grips with the question raised by the current
crisis: How should we as a society reconstruct our various
financial markets? In "Out of Crisis" financial analyst David
Westbrook illuminates the intellectual, business, and policy errors
that have led us into the present morass. Through a vivid legal and
political analysis he shows how the ideologies of the right and
left have distorted financial thinking and policy. Learning from
these errors, the book sketches the emergence of a new
understanding of risk management and bureaucratic regulation. "Out
of Crisis" begins the tasks of rethinking the structures that
constitute financial markets and exploring how such structures may
be strengthened. Taking responsibility for the markets we build to
do so much of our society s work, we may yet become mature
capitalists."
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.