Sale!

Finance and the Good Society

Amazon.com Price:  $14.08 (as of 08/05/2019 19:02 PST- Details)

Categories: , , , , , , ,

Description

The reputation of the financial industry could hardly be worse than it’s today in the painful aftermath of the 2008 financial crisis. New York Times best-selling economist Robert Shiller is no apologist for the sins of finance–he is without doubt one of the only person to have predicted both the stock market bubble of 2000 and the true estate bubble that led up to the subprime mortgage meltdown. But in this important and timely book, Shiller argues that, somewhat than condemning finance, we want to reclaim it for the common good. He makes a powerful case for recognizing that finance, far from being a parasite on society, is among the most powerful tools we’ve got for solving our common problems and increasing the general well-being. We need more financial innovation–not less–and finance must play a larger role in helping society achieve its goals.

Challenging the public and its leaders to rethink finance and its role in society, Shiller argues that finance must be defined not merely as the manipulation of money or the management of risk but as the stewardship of society’s assets. He explains how people in financial careers–from CEO, investment manager, and banker to insurer, lawyer, and regulator–can and do manage, give protection to, and increase these assets. He describes how finance has historically contributed to the good of society through inventions such as insurance, mortgages, savings accounts, and pensions, and argues that we want to envision new how you can rechannel financial creativity to benefit society as a whole.

Ultimately, Shiller shows how society can once again harness the power of finance for the greater good.

Related products

Home » Shop » Books » Subjects » Business and Money » Processes and Infrastructure » Government and Business » Finance and the Good Society

Recent Products