000			02085nam a2200205Ia 4500
999			_c175364 _d175364
005			20220505174721.0
008			200208s9999 xx 000 0 und d
020			_a9780691158099
082			_a332 SHI
100			_a"Shiller, Robert J."
245		0	_aFinance and the good society/ Robert J.Shiller
260			_aNew Jersey
260			_bPrinceton University Press
260			_c2012
300			_a288 p.
365			_dUSD
520			_aThe reputation of the financial industry could hardly be worse than it is today in the painful aftermath of the 2008 financial crisis. New York Times best-selling economist Robert Shiller is no apologist for the sins of finance―he is probably the only person to have predicted both the stock market bubble of 2000 and the real estate bubble that led up to the subprime mortgage meltdown. But in this important and timely book, Shiller argues that, rather than condemning finance, we need to reclaim it for the common good. He makes a powerful case for recognizing that finance, far from being a parasite on society, is one of the most powerful tools we have for solving our common problems and increasing the general well-being. We need more financial innovation―not less―and finance should play a larger role in helping society achieve its goals. Challenging the public and its leaders to rethink finance and its role in society, Shiller argues that finance should be defined not merely as the manipulation of money or the management of risk but as the stewardship of society's assets. He explains how people in financial careers―from CEO, investment manager, and banker to insurer, lawyer, and regulator―can and do manage, protect, and increase these assets. He describes how finance has historically contributed to the good of society through inventions such as insurance, mortgages, savings accounts, and pensions, and argues that we need to envision new ways to rechannel financial creativity to benefit society as a whole.
650			_a"Finance- History,Capitalisation- History, Social justice"
942			_cB _2ddc