'As a chronicle of shared financial anxieties, written by an observer from an alien world, this is an excellent book.' The Times Higher Education Supplement
Emotions in Finance, first published in 2005, is an analysis of global corporate oligopolies in the financial sector. During/after the dot com collapse, the book showed the dangerous corporate emotions in today's financial world, urging caution against the emerging property bubble of 2005. Aggressive competition leads, inevitably, to more collapses, which the worst credit crisis since 1929 proved, barely two years after the ink on the book was dry. Claims that 'a few' economists 'picked' the financial crisis are not true. The book contains interviews with famous central bankers and financiers in the City and Wall Street, who agreed that the book's fresh analysis showed inevitable future crashes, and much distress for many populations far removed from the oligarchs who unthinkingly run the financial sector for short-term profits and do not take the risks to lend for socially useful purposes.
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1. Global markets or social relations of money; 2. Emotion in the kingdom of rationality; 3. Financial media as institutional trust agencies; 4. Emotions in the boardroom; 5. Credibility and confidence in central banks; 6. Hierarchy of trust; 7. Overwhelmed by numbers; 8. Time utopia in finance; 9. Implications: emotions and rationality.
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This 2005 book gives an account of the influence of emotion and speculation on the world's financial markets.
Produktdetaljer
ISBN
9780521535083
Publisert
2004-11-23
Utgiver
Vendor
Cambridge University Press
Vekt
370 gr
Høyde
229 mm
Bredde
152 mm
Dybde
14 mm
Aldersnivå
P, U, 06, 05
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
246
Forfatter