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A call for judgment : sensible finance for a dynamic economy /
Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes. And widespread enterprise is fostered through dialogue and relationships, not merely prices in anonymous markets. Yet modern finance blat...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York ; Oxford :
Oxford University Press,
2010.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes. And widespread enterprise is fostered through dialogue and relationships, not merely prices in anonymous markets. Yet modern finance blatantly neglects these necessary elements for enterprise. In the last several decades finance has become increasingly centralized, distanced, and mechanistic. Instead of many lending officers making judgments about borrowers they know, credit decisions are the output of the models of a few Wall Street. |
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| Descripción Física: | 1 online resource (x, 353 pages) |
| Bibliografía: | Includes bibliographical references (pages 323-334) and index. |
| ISBN: | 9780199781447 0199781443 9780199756070 0199756074 |