Sabotage : the hidden nature of finance
(Book)
Author
Contributors
Palan, Ronen, 1957- author.
Published
New York : PublicAffairs, 2020.
Edition
First edition.
Physical Desc
x, 260 pages : illustrations ; 22 cm
Status
Incline Village Library - Adult Nonfiction
332.0973 NESVET 2020
1 available
332.0973 NESVET 2020
1 available
Description
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Copies
Location | Call Number | Status |
---|---|---|
Incline Village Library - Adult Nonfiction | 332.0973 NESVET 2020 | On Shelf |
More Details
Published
New York : PublicAffairs, 2020.
Format
Book
Edition
First edition.
Language
English
Notes
Bibliography
Includes bibliographical references (pages 203-241) and index.
Description
"The fundamental motive for financial innovation is not to make the system work better, but to avoid regulation and oversight. This is not a bug of the financial system, but a built-in feature. The president of the US is not a tax avoider because he is an especially fraudulent financier; he's a tax avoider because he is a wealthy man in a system premised on such deceit. Finance is an industry of sabotage. This book is a brilliant, intellectual detective story that traces the origins of financial sabotage, starting with the work of a prescient American economist who saw the capacity for banks and businesses to dissemble and profit as early as the 1920s. What was accomplished modestly in the first half of the 20th century became a booming global industry in the 1980s. Financialization took over everything, culminating in instruments so complex and confusing their own creators were being destroyed by them in 2008. With each financial bust, people expect to hear who the culprit was, and cynically know to not expect much punishment to ever reach them. But the innovation of this book is to show that each individual gaming the system isn't a crook---the whole system is sabotage"--,Provided by publisher.
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Citations
APA Citation, 7th Edition (style guide)
Nesvetailova, A., & Palan, R. (2020). Sabotage: the hidden nature of finance (First edition.). PublicAffairs.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Nesvetailova, Anastasia and Ronen Palan. 2020. Sabotage: The Hidden Nature of Finance. PublicAffairs.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Nesvetailova, Anastasia and Ronen Palan. Sabotage: The Hidden Nature of Finance PublicAffairs, 2020.
MLA Citation, 9th Edition (style guide)Nesvetailova, Anastasia,, and Ronen Palan. Sabotage: The Hidden Nature of Finance First edition., PublicAffairs, 2020.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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