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Record Nr. |
UNINA9910785152903321 |
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Autore |
Bhide Amar <1955-> |
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Titolo |
A call for judgment [[electronic resource] ] : sensible finance for a dynamic economy / / Amar Bhidé |
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Pubbl/distr/stampa |
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Oxford ; ; New York, : Oxford University Press, 2010 |
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ISBN |
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0-19-977957-0 |
1-282-76340-7 |
9786612763403 |
0-19-978144-3 |
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Descrizione fisica |
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1 online resource (366 p.) |
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Disciplina |
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Soggetti |
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Finance - United States |
Capitalism - United States |
United States Economic policy |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and index. |
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Nota di contenuto |
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Contents; Preface; Introduction; I: Ordering the Innovation Game: Beyond Decentralization and Prices; II: Why It Became So; Acknowledgments; Notes; References; Index |
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Sommario/riassunto |
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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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