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Название: People`s moneyISBN: 9780252042911Издательство: Mare Nostrum (Eurospan)Классификация:
ISBN-10: 0252042913
Обложка/Формат: Hardcover Страницы: 224 Вес: 0.50 кг. Дата издания: 16.09.2019Серия: The urban agenda Язык: English Иллюстрации: 1 map, 12 charts, 19 tables Размер: 159 x 235 x 21 Ключевые слова: Urban communities,Politics & government,Urban & municipal planning,Political economy, BUSINESS & ECONOMICS / Government & Business,SOCIAL SCIENCE / Sociology / Urban,POLITICAL SCIENCE / General,POLITICAL SCIENCE / Public Policy / City Planning & Urban De Подзаголовок: Pensions, debt, and government servicesРейтинг: Поставляется из: Англии Описание: American cities continue to experience profound fiscal crises. Falling revenues cannot keep pace with the increased costs of vital public services, infrastructure development and improvement, and adequately funded pensions. Chicago presents an especially vivid example of these issues, as the state of Illinoiss rocky fiscal condition compounds the citys daunting budget challenges. In The Peoples Money, Michael A. Pagano curates a group of essays that emerged from discussions at the 2018 University of Illinois Chicago Urban Forum. The contributors explore fundamental questions related to measuring cities fiscal health, including the ways for cities to raise revenue, the accountability of todays officials for a citys future financial position, the legal and practical obstacles to pension reform and balancing budgets, and whether political collaboration offers an alternative to the competition that often undermines regional governance. Contributors: Jered B. Carr, Rebecca Hendrick, Martin J. Luby, David Merriman, Michael A. Pagano, David Saustad, Casey Sebetto, Michael D. Siciliano, James E. Spiotto, Gary Strong, Shu Wang, and Yonghong Wu Дополнительное описание: |
| Автор: Kay John
Название: Other People`s Money: The Real Business of Finance
ISBN: 1610397150 ISBN-13(EAN): 9781610397155
Издательство: Little Brown
Цена: 2579.00 р.
Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: 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. Why? What is finance for? John Kay, with wide practical and academic experience in the world of finance, understands the operation of the financial sector better than most. He believes in good banks and effective asset managers, but good banks and effective asset managers are not what he sees. In a dazzling and revelatory tour of the financial world as it has emerged from the wreckage of the 2008 crisis, Kay does not flinch in his criticism: we do need some of the things that Citigroup and Goldman Sachs do, but we do not need Citigroup and Goldman to do them. And many of the things done by Citigroup and Goldman do not need to be done at all. The finance sector needs to be reminded of its primary purpose: to manage other people's money for the benefit of businesses and households. It is an aberration when the some of the finest mathematical and scientific minds are tasked with devising algorithms for the sole purpose of exploiting the weakness of other algorithms for computerized trading in securities. To travel further down that road leads to ruin. A Financial Times Book of the Year, 2015An Economist Best Book of the Year, 2015A Bloomberg Best Book of the Year, 2015 |
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