# 1110279

Other People's Money

Masters of the Universe or Servants of the People?


Συγγραφέας: Kay John
Εκδότης: Profile Books Ltd
ISBN: 9781781254431
Αριθμός Σελίδων: 368
Διαστάσεις: 22x3x14
Γλώσσα Γραφής: English
Έτος Έκδοσης: 2015

Σύνοψη του βιβλίου "Other People's Money"

We all depend on the finance sector. We need it to store our money, manage our payments, finance housing stock, restore infrastructure, fund retirement and support new business. But these roles comprise only a tiny sliver of the sector's activity: the vast majority of lending is within the finance sector. So what is it all for? What is the purpose of this activity? And why is it so profitable? Industry insider John Kay argues that the finance world's perceived profitability is not the creation of new wealth, but the sector's appropriation of wealth - of other people's money. The financial sector, he shows, has grown too large, detached itself from ordinary business and everyday life, and has become an industry that mostly trades with itself, talks to itself, and judges itself by reference to standards which it has itself generated. And the outside world has itself adopted those standards, bailing out financial institutions that have failed all of us through greed and mismanagement. We need finance, but today we have far too much of a good thing. In Other People's Money, John Kay shows, in his inimitable style, what has gone wrong in the dark heart of the finance sector.


Συγγραφέας/εις: Kay John
Κατηγορία: οικονομικά
ISBN: 9781781254431
Ημερ/νία έκδοσης: 03/09/2015
Εκδότης: Profile Books Ltd
Εξώφυλλο: Hardback
Σελίδες: 368
Γλώσσα βιβλίου: English
Γλώσσα πρωτοτύπου: English
Τόπος έκδοσης: London
Χώρα έκδοσης: United Kingdom
Βάρος βιβλίου: 564 gr
Διαστάσεις βιβλίου: 22x3x14 cm
Στοιχεία έκδοσης: Main

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