The death of capital [[electronic resource] ] : how creative policy can restore stability / / Michael E. Lewitt |
Autore | Lewitt Michael E |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Hoboken, N.J., : John Wiley & Sons, c2010 |
Descrizione fisica | 1 online resource (307 p.) |
Disciplina | 332/.041 |
Soggetto topico |
Capital
Capitalism - United States Finance - United States Global Financial Crisis, 2008-2009 |
Soggetto genere / forma | Electronic books. |
ISBN |
1-282-54842-5
9786612548420 0-470-62235-0 0-470-62116-8 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
The Death of Capital: How Creative Policy Can Restore Stability; Contents; Acknowledgments; Introduction: The 2008 Crisis-Tragedy or Farce?; Seeds of Instability; A Word on Speculation; Financialization; The Corruption of Moral Sentiments; Low Rates and Lax Rules; The Global Liquidity Bubble; A Crisis of Confidence; Why Finance Matters; Global Threats Require Systemic Stability; A Few Words about This Book; Chapter 1: The Death of Capital; The Four Essential Characteristics of Capital; How Capital Dies; The Failure of Risk Management; Chapter 2: Capital Ideas
Adam Smith and the Tyranny of Crowds Karl Marx and the Origins of Opacity; John Maynard Keynes; Hyman Minsky; Lessons on Capital from the Masters; Chapter 3: Empty Promises; Promises Aren't What They Used to Be; The Digitalization of Promises; Collateralized Mortgage Obligations; HSBC Drinks the Mortgage Kool-Aid; A Fetish Is Not a Promise; Chapter 4: Financialization; Money Begetting Money; Power Begetting Power; Theories of Financialization; The Monetization of Values; Chapter 5: From Innovators to Undertakers; The History of Private Equity Funds; From Boom to Bust Private Equity Fees: The New Agency Problem The Myth of Private Equity Returns; Men Behaving Badly; Private Equity and Cheap Debt: Birds of a Feather Flop Together; Private Equity Goes Public: A Study in the Oxymoronic; Taxing Labor as Capital; Calling Dr. Kervorkian?; Private Equity: The Long-Term Damage; Reform of Private Equity Firms; Chapter 6: Welcome to Jurassic Park; Isla Nublar; The New DNA of Finance; Warning Signs; Dinosaurs Turn on Their Makers; Bear Stearns: First Casualty; American International Group (AIG)-Second Casualty; The Bond Insurers-Third Casualty Taming the Beasts (Regulating Credit Derivatives)Chapter 7: The Road to Hell; Satan in the Garden; Reverse Black Swans; Birth of the Prudent Man; The Fallacy of Diversification; Chapter 8: Finance after Armageddon; Obama Goes to Wall Street; Principles of Reform; Impose a Tax on Speculation; End Balkanized Regulation; Too Big to Fail; Improving Capital Adequacy; Reforming Monetary Policy; Enhancing Systemic Transparency; Conclusion: "This Is Later"; Notes; Bibliography and Other Sources; About the Author; Index |
Record Nr. | UNINA-9910459525703321 |
Lewitt Michael E
![]() |
||
Hoboken, N.J., : John Wiley & Sons, c2010 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
The death of capital [[electronic resource] ] : how creative policy can restore stability / / Michael E. Lewitt |
Autore | Lewitt Michael E |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Hoboken, N.J., : John Wiley & Sons, c2010 |
Descrizione fisica | 1 online resource (307 p.) |
Disciplina | 332/.041 |
Soggetto topico |
Capital
Capitalism - United States Finance - United States Global Financial Crisis, 2008-2009 |
ISBN |
1-282-54842-5
9786612548420 0-470-62235-0 0-470-62116-8 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
The Death of Capital: How Creative Policy Can Restore Stability; Contents; Acknowledgments; Introduction: The 2008 Crisis-Tragedy or Farce?; Seeds of Instability; A Word on Speculation; Financialization; The Corruption of Moral Sentiments; Low Rates and Lax Rules; The Global Liquidity Bubble; A Crisis of Confidence; Why Finance Matters; Global Threats Require Systemic Stability; A Few Words about This Book; Chapter 1: The Death of Capital; The Four Essential Characteristics of Capital; How Capital Dies; The Failure of Risk Management; Chapter 2: Capital Ideas
Adam Smith and the Tyranny of Crowds Karl Marx and the Origins of Opacity; John Maynard Keynes; Hyman Minsky; Lessons on Capital from the Masters; Chapter 3: Empty Promises; Promises Aren't What They Used to Be; The Digitalization of Promises; Collateralized Mortgage Obligations; HSBC Drinks the Mortgage Kool-Aid; A Fetish Is Not a Promise; Chapter 4: Financialization; Money Begetting Money; Power Begetting Power; Theories of Financialization; The Monetization of Values; Chapter 5: From Innovators to Undertakers; The History of Private Equity Funds; From Boom to Bust Private Equity Fees: The New Agency Problem The Myth of Private Equity Returns; Men Behaving Badly; Private Equity and Cheap Debt: Birds of a Feather Flop Together; Private Equity Goes Public: A Study in the Oxymoronic; Taxing Labor as Capital; Calling Dr. Kervorkian?; Private Equity: The Long-Term Damage; Reform of Private Equity Firms; Chapter 6: Welcome to Jurassic Park; Isla Nublar; The New DNA of Finance; Warning Signs; Dinosaurs Turn on Their Makers; Bear Stearns: First Casualty; American International Group (AIG)-Second Casualty; The Bond Insurers-Third Casualty Taming the Beasts (Regulating Credit Derivatives)Chapter 7: The Road to Hell; Satan in the Garden; Reverse Black Swans; Birth of the Prudent Man; The Fallacy of Diversification; Chapter 8: Finance after Armageddon; Obama Goes to Wall Street; Principles of Reform; Impose a Tax on Speculation; End Balkanized Regulation; Too Big to Fail; Improving Capital Adequacy; Reforming Monetary Policy; Enhancing Systemic Transparency; Conclusion: "This Is Later"; Notes; Bibliography and Other Sources; About the Author; Index |
Record Nr. | UNINA-9910792352103321 |
Lewitt Michael E
![]() |
||
Hoboken, N.J., : John Wiley & Sons, c2010 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|