The Bankers' New Clothes, What's Wrong with Banking and What to Do about It, Anat Admati, Martin Hellwig
Type
Classification
1
Creator
1
Genre
1
Subject
4
Content
1
Author
1
Is derivative of
1
Label
The Bankers' New Clothes, What's Wrong with Banking and What to Do about It, Anat Admati, Martin Hellwig
Language
eng
Index
no index present
Literary form
non fiction
Main title
The Bankers' New Clothes
Nature of contents
dictionaries
Responsibility statement
Anat Admati, Martin Hellwig
Sub title
What's Wrong with Banking and What to Do about It
Summary
Why our banking system is broken-and the reforms needed to fix it The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid. Anat Admati and Martin Hellwig argue that we can have a safer and healthier banking system without sacrificing any of its benefits, and at essentially no cost to society. They seek to engage the broader public in the debate by cutting through the jargon of banking, clearing the fog of confusion, and presenting the issues in simple and accessible terms
Target audience
adult
Incoming Resources
- Has instance2