"The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Fina
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English Pages xiii, 336 pages : illustrations ; 24 cm Year 2016;2015
Table of contents :
Prologue. The parable of the ox --
Introduction. Far too much of a good thing --
Part I. Financialisation. History
Risk
Intermediation
Profits --
Part II. The functions of finance. Capital allocation
The deposit channel
The investment channel --
Part III. Policy. Regulation
Economic policy
Reform
The future of finance --
Epilogue. The emperor's guard's new clothes.