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Item Details
Title:
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THE BANKERS' NEW CLOTHES
WHAT'S WRONG WITH BANKING AND WHAT TO DO ABOUT IT |
By: |
Anat R. Admati, Martin Hellwig, Anat R. Admati |
Format: |
Paperback |

List price:
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£15.99 |
We believe that this item is permanently unavailable, and so we cannot source
it.
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ISBN 10: |
0691162387 |
ISBN 13: |
9780691162386 |
Publisher: |
PRINCETON UNIVERSITY PRESS |
Pub. date: |
21 February, 2014 |
Edition: |
Updated edition with a New Preface by the authors |
Pages: |
424 |
Description: |
The past few years have shown that risks in banking can impose significant costs on the economy. This book examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid. |
Synopsis: |
The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid. Anat Admati and Martin Hellwig argue that we can have a safer and healthier banking system without sacrificing any of its benefits, and at essentially no cost to society. They seek to engage the broader public in the debate by cutting through the jargon of banking, clearing the fog of confusion, and presenting the issues in simple and accessible terms. |
Illustrations: |
6 line illus. 4 tables. |
Publication: |
US |
Imprint: |
Princeton University Press |
Prizes: |
Winner of PROSE Award in Business, Finance & Management, Association of
Joint winner of Bronze Medal in Economics, Axiom Business Book Awards 2014
Commended for `Moyers & Company' Recommended Books List 2014
Short-listed for "Time" Magazine's 100 Most Influential People for 2014 2014
Short-listed for BloombergBusinessweek Best Books by Jason Furman 2013
Short-listed for "Choice"'s Outstanding Academic Titles for 2013 2013
Short-listed for Wall Street Journal's Best Nonfiction Books 2013
Short-listed for Financial Times Best Economics Books 2013
Short-listed for Deutsche Wirtschaftsbuchpreis (German Business and |
Returns: |
Non-returnable |
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