What is the secret of prosperity? Why are the rich rich and the poor poor? The answer lies in the structure of financial markets and the willingness to allow the capitalist system to let "creative destruction" work its wealth-creating wonders. Financial markets are the least understood and most highly criticised part of the capitalist system. The greed of participants involved in scandals like Enron adds fuel to the fire that these markets are a tool of the rich. The authors of this volume explore how financial markets free ingenuity, make nations competitive and are the basis for broadening prosperity.
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Für höhere Schule und Studium
Für Beruf und Forschung
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Höhe: 1 mm
Breite: 1 mm
Dicke: 1 mm
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ISBN-13
978-0-7126-2131-1 (9780712621311)
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Schweitzer Klassifikation
Raghuram Rajan received his Ph.D. from MIT and has taught at Northwestern University's Kellogg School of Management and MIT in addition to the University of Chicago. He has published in numerous industry publications, as well as the Financial Times. Luigi Zingales also earned his Ph.D. at MIT. In 2000 he won the Journal of Finance's Distinguished Paper Award for his outstanding papers in corporate finance. He is a research associate at the National Bureau of Economic Research.
