The Bankers' New Clothes: What's Wrong with Banking and What to Do About it

Book
No Media

This item doesn’t have any media yet

The Bankers' New Clothes: What's Wrong with Banking and What to Do About it

2014 | Business & Finance

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.



Published by Princeton University Press

Edition Unknown
ISBN 9780691162386
Language N/A

Images And Data Courtesy Of: Princeton University Press.
This content (including text, images, videos and other media) is published and used in accordance with Fair Use.