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The bankers' new clothes: what's wrong with banking and what to do about it

By: Contributor(s): Publication details: 2013 Princeton University Press PrincetonDescription: xv, 398 pISBN:
  • 9780691156842
Subject(s): DDC classification:
  • 332.1 A2B2
Summary: What is wrong with today's banking system? The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid.
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Item type Current library Item location Collection Shelving location Call number Status Date due Barcode
Books Vikram Sarabhai Library Rack 17-B / Slot 645 (0 Floor, West Wing) Non-fiction General Stacks 332.1 A2B2 (Browse shelf(Opens below)) Available 178808

What is wrong with today's banking system? The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid.

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