The Bankers’ New Clothes : : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / / Anat Admati, Martin Hellwig.
A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the YearWhy our banking system is broken—and what we must do to fix itNew bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we...
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Place / Publishing House: | Princeton, NJ : : Princeton University Press, , [2023] ©2013 |
Year of Publication: | 2023 |
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Admati, Anat, author. aut http://id.loc.gov/vocabulary/relators/aut The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / Anat Admati, Martin Hellwig. Princeton, NJ : Princeton University Press, [2023] ©2013 1 online resource (600 p.) : 6 b/w illus. 4 tables. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Frontmatter -- Contents -- Preface to the 2024 Edition -- Preface -- Acknowledgments -- 1. The Emperors of Banking Have No Clothes -- PART I: Borrowing, Banking, and Risk -- 2. How Borrowing Magnifies Risk -- 3. The Dark Side of Borrowing -- 4. Is It Really “A Wonderful Life”? -- 5. Banking Dominos -- PART II: The Case for More Bank Equity -- 6. What Can Be Done? -- 7. Is Equity Expensive? -- 8. Paid to Gamble -- 9. Sweet Subsidies -- 10. Must Banks Borrow So Much? -- PART III: Moving Forward -- 11. If Not Now, When? -- 12. The Politics of Banking -- 13. Other People’s Money -- PART IV: Undermining Democracy and the Rule of Law -- 14. Too Fragile Still -- 15. Bailouts and Central Banks -- 16. Bailouts Forever -- 17. Above the Law? -- Notes -- References -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the YearWhy our banking system is broken—and what we must do to fix itNew bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed—and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 06. Mrz 2024) Banks and banking. Financial crises Prevention. Financial institutions Government policy. BUSINESS & ECONOMICS / Banks & Banking. bisacsh Hellwig, Martin, author. aut http://id.loc.gov/vocabulary/relators/aut Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2023 9783110749748 https://doi.org/10.1515/9780691251714?locatt=mode:legacy https://www.degruyter.com/isbn/9780691251714 Cover https://www.degruyter.com/document/cover/isbn/9780691251714/original |
language |
English |
format |
eBook |
author |
Admati, Anat, Admati, Anat, Hellwig, Martin, |
spellingShingle |
Admati, Anat, Admati, Anat, Hellwig, Martin, The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / Frontmatter -- Contents -- Preface to the 2024 Edition -- Preface -- Acknowledgments -- 1. The Emperors of Banking Have No Clothes -- PART I: Borrowing, Banking, and Risk -- 2. How Borrowing Magnifies Risk -- 3. The Dark Side of Borrowing -- 4. Is It Really “A Wonderful Life”? -- 5. Banking Dominos -- PART II: The Case for More Bank Equity -- 6. What Can Be Done? -- 7. Is Equity Expensive? -- 8. Paid to Gamble -- 9. Sweet Subsidies -- 10. Must Banks Borrow So Much? -- PART III: Moving Forward -- 11. If Not Now, When? -- 12. The Politics of Banking -- 13. Other People’s Money -- PART IV: Undermining Democracy and the Rule of Law -- 14. Too Fragile Still -- 15. Bailouts and Central Banks -- 16. Bailouts Forever -- 17. Above the Law? -- Notes -- References -- Index |
author_facet |
Admati, Anat, Admati, Anat, Hellwig, Martin, Hellwig, Martin, Hellwig, Martin, |
author_variant |
a a aa a a aa m h mh |
author_role |
VerfasserIn VerfasserIn VerfasserIn |
author2 |
Hellwig, Martin, Hellwig, Martin, |
author2_variant |
m h mh |
author2_role |
VerfasserIn VerfasserIn |
author_sort |
Admati, Anat, |
title |
The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / |
title_sub |
What’s Wrong with Banking and What to Do about It - New and Expanded Edition / |
title_full |
The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / Anat Admati, Martin Hellwig. |
title_fullStr |
The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / Anat Admati, Martin Hellwig. |
title_full_unstemmed |
The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / Anat Admati, Martin Hellwig. |
title_auth |
The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / |
title_alt |
Frontmatter -- Contents -- Preface to the 2024 Edition -- Preface -- Acknowledgments -- 1. The Emperors of Banking Have No Clothes -- PART I: Borrowing, Banking, and Risk -- 2. How Borrowing Magnifies Risk -- 3. The Dark Side of Borrowing -- 4. Is It Really “A Wonderful Life”? -- 5. Banking Dominos -- PART II: The Case for More Bank Equity -- 6. What Can Be Done? -- 7. Is Equity Expensive? -- 8. Paid to Gamble -- 9. Sweet Subsidies -- 10. Must Banks Borrow So Much? -- PART III: Moving Forward -- 11. If Not Now, When? -- 12. The Politics of Banking -- 13. Other People’s Money -- PART IV: Undermining Democracy and the Rule of Law -- 14. Too Fragile Still -- 15. Bailouts and Central Banks -- 16. Bailouts Forever -- 17. Above the Law? -- Notes -- References -- Index |
title_new |
The Bankers’ New Clothes : |
title_sort |
the bankers’ new clothes : what’s wrong with banking and what to do about it - new and expanded edition / |
publisher |
Princeton University Press, |
publishDate |
2023 |
physical |
1 online resource (600 p.) : 6 b/w illus. 4 tables. |
contents |
Frontmatter -- Contents -- Preface to the 2024 Edition -- Preface -- Acknowledgments -- 1. The Emperors of Banking Have No Clothes -- PART I: Borrowing, Banking, and Risk -- 2. How Borrowing Magnifies Risk -- 3. The Dark Side of Borrowing -- 4. Is It Really “A Wonderful Life”? -- 5. Banking Dominos -- PART II: The Case for More Bank Equity -- 6. What Can Be Done? -- 7. Is Equity Expensive? -- 8. Paid to Gamble -- 9. Sweet Subsidies -- 10. Must Banks Borrow So Much? -- PART III: Moving Forward -- 11. If Not Now, When? -- 12. The Politics of Banking -- 13. Other People’s Money -- PART IV: Undermining Democracy and the Rule of Law -- 14. Too Fragile Still -- 15. Bailouts and Central Banks -- 16. Bailouts Forever -- 17. Above the Law? -- Notes -- References -- Index |
isbn |
9780691251714 9783110749748 |
url |
https://doi.org/10.1515/9780691251714?locatt=mode:legacy https://www.degruyter.com/isbn/9780691251714 https://www.degruyter.com/document/cover/isbn/9780691251714/original |
illustrated |
Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
332 - Financial economics |
dewey-full |
332.1 |
dewey-sort |
3332.1 |
dewey-raw |
332.1 |
dewey-search |
332.1 |
doi_str_mv |
10.1515/9780691251714?locatt=mode:legacy |
oclc_num |
1414454895 |
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Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2023 |
is_hierarchy_title |
The Bankers’ New Clothes : What’s Wrong with Banking and What to Do about It - New and Expanded Edition / |
container_title |
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