Masters of the universe, slaves of the market

Bell, Stephen, 1954-

Masters of the universe, slaves of the market Stephen Bell & Andrew Hindmoor - Cambridge, Massachusetts : Harvard University Press, c2015. - x, 390 p. : ill. ; 25 cm.

Includes bibliographical references (pages 343-381) and index.

Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.

9780674743885

2014028185


Banks and banking
Financial crises
Global Financial Crisis--2008-2009
International finance

332.1090511 BE MA