A call for judgment : sensible finance for a dynamic economy / Amar Bhide.

Format:

Book

Author/Creator:

Bhide, Amar, 1955-

Language:

English

Subjects (All):

Finance--United States.

Finance.

Capitalism--United States.

Capitalism.

United States--Economic policy.

United States.

Physical Description:

1 online resource (366 p.)

Edition:

1st ed.

Place of Publication:

Oxford ; New York : Oxford University Press, 2010.

Language Note:

English

Summary:

Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes. And widespread enterprise is fostered through dialogue and relationships, not merely prices in anonymous markets. Yet modern finance blatantly neglects these necessary elements for enterprise. In the last several decades finance has become increasingly centralized, distanced, and mechanistic. Instead of many lending officers making judgments about borrowers they know, credit decisions are the output of the models of a few Wall Street

Contents:

Contents; Preface; Introduction; I: Ordering the Innovation Game: Beyond Decentralization and Prices; II: Why It Became So; Acknowledgments; Notes; References; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on metadata supplied by the publisher and other sources.

ISBN:

0-19-977957-0

1-282-76340-7

9786612763403

0-19-978144-3

OCLC:

667231028