Masters of the Universe, Slaves of the Market

by Stephen Bell and Andrew Hindmoor

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This account of the financial crisis of 2008-2009 compares banking systems in the United States and the United Kingdom to those of Canada and Australia and explains why the system imploded in the former but not the latter. Central to this analysis are differences in bankers' beliefs and incentives in different banking markets.

A boom mentality and fear of being left behind by competitors drove many U.S. and British bank executives to take...

Format:Hardcover

Language:English

ISBN:0674743881

ISBN13:9780674743885

Release Date:March 2015

Publisher:Harvard University Press

Length:400 Pages

Weight:1.50 lbs.

Dimensions:1.2" x 5.8" x 10.0"

Related Subjects

Business Business & Investing Political Science Politics & Social Sciences

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Masters of the Universe, Slaves of the Market

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