Managed by the Markets

Managed by the Markets

AngličtinaPevná vazbaTisk na objednávku
Davis, Gerald F.
Oxford University Press
EAN: 9780199216611
Tisk na objednávku
Předpokládané dodání ve čtvrtek, 23. května 2024
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Podrobné informace

The current economic crisis reveals just how central finance has become to American life. Problems with obscure securities created on Wall Street radiated outward to threaten the retirement security of pensioners in Florida and Arizona, the homes and college savings of families in Detroit and Southern California, and ultimately the global economy itself. The American government took on vast new debt to bail out the financial system, while the government-owned investment funds of Kuwait, Abu Dhabi, Malaysia, and China bought up much of what was left of Wall Street. How did we get into this mess, and what does it all mean? Managed by the Markets explains how finance replaced manufacturing at the center of the American economy and how its influence has seeped into daily life. From corporations operated to create shareholder value, to banks that became portals to financial markets, to governments seeking to regulate or profit from footloose capital, to households with savings, pensions, and mortgages that rise and fall with the market, life in post-industrial America is tied to finance to an unprecedented degree. Managed by the Markets provides a guide to how we got here and unpacks the consequences of linking the well-being of society too closely to financial markets.
EAN 9780199216611
ISBN 0199216614
Typ produktu Pevná vazba
Vydavatel Oxford University Press
Datum vydání 26. března 2009
Stránky 324
Jazyk English
Rozměry 241 x 162 x 23
Země United Kingdom
Autoři Davis, Gerald F.