To understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages-originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the economy.
Sociologist Mike Savage shows how economic inequality aggravates cultural, social, and political conflicts, challenging the framework of liberal democracy. By fracturing social bonds, inequality turns back the clock, reviving conditions we have struggled for centuries to escape, including empire, dynastic elitism, and explosive ethnic division.
A unique illustrated exploration of the development of finance that combines data from every part of the world and covers five thousand years of history
These essays from an international team of leading economic historians and economists seek to build on the work of Thomas Piketty to provide a comprehensive overview of global developments in the theory, practice and policy of inequality, and its place in the modern world order.
The Covid-19 pandemic has revealed the weaknesses of globalisation, exposed the fragility of the current growth model, and accelerated the ongoing tech revolution.
Offers straight answers to every question you've ever had about how the economy works and how it affects your life. This title starts with three guys on an island who barely survive by fishing barehanded.
This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends - it will raise inflation and interest rates, but lead to a pullback in inequality.
A guide to the essentials of the finance and investment sectors. Covering the fundamentals of finance - including an overview of business finance, the basics of accountancy, financial risk and investment vehicles - it helps us gain an understanding of the basic principles of finance, to which complicated financial models can then be applied.
An essential framework for assessing success in international development, challenging how we view fragile states, conflict zones, and the ability of international agencies to take effective action.
In this powerful new work, Thomas Piketty reminds us that rising inequality is not inevitable. Over the centuries, we have been moving toward greater equality. Piketty guides us with elegance and concision through the great movements that have made the modern world and shows how we can learn from them to make equality a lasting reality.
Benjamin Ho reveals the surprising importance of trust to how we understand our day-to-day economic lives. Starting with the earliest societies and proceeding through the evolution of the modern economy, he explores its role across an astonishing range of institutions and practices.
Beyond Confrontation by Phil Mullan negotiates a third way between the rules-based global order dictated by Western globalists and the mercantilist protectionism of Western nationalists, both of which only fuel resentments between developed and emerging nations.
Offers a bold solution to our recurring economic crises: innovative new forms of institutional ownership.Takes the reader on a global journey to meet the people and organizations that are pioneering new forms of life - sustaining ownership.By the author of the classic The Divine Right of Capital.Looking around at the wreckage left...