
Finance and the Good Society
by Shiller, Robert J.-
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Summary
Table of Contents
Preface | p. vii |
Introduction: Finance, Stewardship, and Our Goals | p. 1 |
Roles and Responsibilities | |
Chief Executive Officers | p. 19 |
Investment Managers | p. 27 |
Bankers | p. 37 |
Investment Bankers | p. 45 |
Mortgage Lenders and Securitizers | p. 50 |
Traders and Market Makers | p. 57 |
Insurers | p. 64 |
Market Designers and Financial Engineers | p. 69 |
Derivatives Providers | p. 75 |
Lawyers and Financial Advisers | p. 81 |
Lobbyists | p. 87 |
Regulators | p. 94 |
Accountants and Auditors | p. 100 |
Educators | p. 103 |
Public Goods Financiers | p. 107 |
Policy Makers in Charge of Stabilizing the Economy | p. 111 |
Trustees and Nonprofit Managers | p. 119 |
Philanthropists | p. 124 |
Finance and Its Discontents | |
Finance, Mathematics, and Beauty | p. 131 |
Categorizing People: Financiers versus Artists and Other Idealists | p. 135 |
An Impulse for Risk Taking | p. 139 |
An Impulse for Conventionality and Familiarity | p. 143 |
Debt and Leverage | p. 151 |
Some Unfortunate Incentives to Sleaziness Inherent in Finance | p. 159 |
The Significance of Financial Speculation | p. 168 |
Speculative Bubbles and Their Costs to Society | p. 178 |
Inequality and Injustice | p. 187 |
Problems with Philanthropy | p. 197 |
The Dispersal of Ownership of Capital | p. 209 |
The Great Illusion, Then and Now | p. 219 |
Epilogue: Finance, Power, and Human Values | p. 231 |
Notes | p. 241 |
References | p. 257 |
Index | p. 273 |
Table of Contents provided by Ingram. All Rights Reserved. |
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