Other people's money

the real business of finance
John Kay
Book - 2015
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37413316142852 Available Non-fiction 332 KAY  Place a Hold
Bibliographic Details
Main Author: Kay, J. A. (John Anderson) (Author)
Format: Book
Language:English
Published: New York : PublicAffairs, [2015]
Edition:First US edition.
Subjects:

MARC

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100 1 |a Kay, J. A.  |q (John Anderson),  |e author. 
245 1 0 |a Other people's money :  |b the real business of finance /  |c John Kay. 
250 |a First US edition. 
264 1 |a New York :  |b PublicAffairs,  |c [2015] 
264 4 |c ©2015. 
300 |a xiii, 336 pages :  |b illustrations ;  |c 25 cm 
336 |a text  |b txt  |2 rdacontent 
337 |a unmediated  |b n  |2 rdamedia 
338 |a volume  |b nc  |2 rdacarrier 
500 |a "The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary market dealing in existing assets. Regulation has contributed more to the problems than the solutions"--Front dust jacket flap. 
504 |a Includes bibliographical references (pages 297-320) and index. 
505 0 |a Prologue : The parable of the ox -- Introduction : Far too much of a good thing -- Part I. Financialisation. History ; Risk; Intermediation; Profits -- Part II. The functions of finance. Capital allocation ; The deposit channel ; The investment channel -- Part III. Regulation ; Economic policy ; Reform ; The future of finance -- Epilogue : The emperor's guard's new clothes. 
534 |p Originally published:  |c Great Britain : Profile Books Ltd., 2015,  |n under title:  |t Other people's money : masters of the universe or servants of the people?  |z 9781781254431 
650 0 |a Investments. 
650 0 |a Speculation. 
650 0 |a Corporations  |x Finance. 
650 0 |a Financial institutions. 
650 0 |a Banks and banking. 
650 0 |a Finance. 
998 |a 2015.10.22 
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