Other people's money : masters of the universe or servants of the people?
Kay, J. A. (John Anderson)2015
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We all depend on the finance sector. We need it to store our money, manage our payments, finance housing stock, restore infrastructure, fund retirement, and support new business. But these roles comprise only a tiny sliver of the sector's activity: the vast majority of lending is within the finance sector. So what is it all for? What is the purpose of this activity? And why is it so profitable? Industry insider John Kay argues that the finance world's perceived profitability is not the creation of new wealth, but the sector's appropriation of wealth - of other people's money.
Main title:
Author:
Kay, J. A. (John Anderson), author
Imprint:
London : Profile Books, 2015.
Collation:
xii, 356 pages : illustrations (black and white) ; 23 cm
Notes:
Includes bibliographical references and index.
ISBN:
9781781254431 (hbk)
Dewey class:
332
LC class:
HG173
Local class:
332
Language:
English
BRN:
487896