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English

Masters of the Universe, Slaves of the Market

Hardcover • 2015 • 1. edition

Masters of the Universe, Slaves of the Market

By Stephen Bell, Andrew Hindmoor

0 Ratings • 0.0 of 5

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About the book

This account of the financial crisis of 2008-2009 compares banking systems in the United States and the United Kingdom to those of Canada and Australia and explains why the system imploded in the former but not the latter. Central to this analysis are differences in bankers' beliefs and incentives in different banking markets.A boom mentality and fear of being left behind by competitors drove many U.S. and British bank executives to take extraordinary risks in creating new financial products. In...Show more

Book details

ISBN

9780674743885

Publisher

Harvard University Press

Published year

2015

Language

Edition

1

Original title

Masters of the Universe, Slaves of the Market

Format

Hardcover

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