Finance and the good society / Robert J. Shiller.

Format:

Book

Author/Creator:

Shiller, Robert J.

Language:

English

Subjects (All):

Finance--History.

Finance.

History.

Capitalism--History.

Capitalism.

Social justice--History.

Social justice.

Physical Description:

xiii, 288 pages ; 24 cm

Place of Publication:

Princeton, N.J. : Princeton University Press, [2012]

Contents:

Part 1 Roles and Responsibilities

1 Chief Executive Officers 19

2 Investment Managers 27

3 Bankers 37

4 Investment Bankers 45

5 Mortgage Lenders and Securitizers 50

6 Traders and Market Makers 57

7 Insurers 64

8 Market Designers and Financial Engineers 69

9 Derivatives Providers 75

10 Lawyers and Financial Advisers 81

11 Lobbyists 87

12 Regulators 94

13 Accountants and Auditors 100

14 Educators 103

15 Public Goods Financiers 107

16 Policy Makers in Charge of Stabilizing the Economy 111

17 Trustees and Nonprofit Managers 119

18 Philanthropists 124

Part 2 Finance and Its Discontents

19 Finance, Mathematics, and Beauty 131

20 Categorizing People: Financiers versus Artists and Other Idealists 135

21 An Impulse for Risk Taking 139

22 An Impulse for Conventionality and Familiarity 143

23 Debt and Leverage 151

24 Some Unfortunate Incentives to Sleaziness Inherent in Finance 159

25 The Significance of Financial Speculation 168

26 Speculative Bubbles and Their Costs to Society 178

27 Inequality and Injustice 187

28 Problems with Philanthropy 197

29 The Dispersal of Ownership of Capital 209

30 The Great Illusion, Then and Now 219.

Notes:

Includes bibliographical references (pages 257-272) and index.

ISBN:

9780691154886

0691154880

OCLC:

761851056