Summary & Study Guide - The Finance Curse

Summary & Study Guide - The Finance Curse PDF Author: Lee Tang
Publisher: LMT Press
ISBN: 1655697137
Category : Business & Economics
Languages : en
Pages : 86

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Book Description
How global finance is making us all poorer. This book is a summary of “The Finance Curse: How Global Finance Is Making Us All Poorer,” by Nicholas Shaxson. As a country’s financial sector develops, it improves the nation’s economic well-being and quality of life—but only up to a point. After that point, it reduces economic growth and inflicts much damage. We call this the finance curse. The United States, Britain, and many other Western economies passed this optimal point long ago. The 2008 Great Recession was part of the damage. As an economy becomes financialized, there is a massive growth in the financial, insurance, and real estate sectors, but not in the manufacturing and industrial sectors. Rather than creating wealth, the goal of finance becomes extracting value from the underlying economy. This way of thinking also becomes internalized into the economy, society, and culture, generating economic discrimination that underpins all discriminations—racial, gender, sexual, and geographical. This book documents the story of how finance got a stranglehold on society and reveals how we might release ourselves from its grasp. This guide includes: * Book Summary—helps you understand the key concepts. * Online Videos—cover the concepts in more depth. Value-added from this guide: * Save time * Understand key concepts * Expand your knowledge

Summary & Study Guide - The Finance Curse

Summary & Study Guide - The Finance Curse PDF Author: Lee Tang
Publisher: LMT Press
ISBN: 1655697137
Category : Business & Economics
Languages : en
Pages : 86

Get Book

Book Description
How global finance is making us all poorer. This book is a summary of “The Finance Curse: How Global Finance Is Making Us All Poorer,” by Nicholas Shaxson. As a country’s financial sector develops, it improves the nation’s economic well-being and quality of life—but only up to a point. After that point, it reduces economic growth and inflicts much damage. We call this the finance curse. The United States, Britain, and many other Western economies passed this optimal point long ago. The 2008 Great Recession was part of the damage. As an economy becomes financialized, there is a massive growth in the financial, insurance, and real estate sectors, but not in the manufacturing and industrial sectors. Rather than creating wealth, the goal of finance becomes extracting value from the underlying economy. This way of thinking also becomes internalized into the economy, society, and culture, generating economic discrimination that underpins all discriminations—racial, gender, sexual, and geographical. This book documents the story of how finance got a stranglehold on society and reveals how we might release ourselves from its grasp. This guide includes: * Book Summary—helps you understand the key concepts. * Online Videos—cover the concepts in more depth. Value-added from this guide: * Save time * Understand key concepts * Expand your knowledge

The Finance Curse

The Finance Curse PDF Author: Nicholas Shaxson
Publisher: Grove Press
ISBN: 0802146384
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
An “artfully presented [and] engaging” look at the insidious effects of financialization on our lives and politics by the author of Treasure Islands (The Boston Globe). How didthe banking sector grow from a supporter of business to the biggest business in the world? Financial journalist Nicholas Shaxson takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows how we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of “national competitiveness” and “shareholder value,” megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, encouraged a brain drain into finance, fostered instability and inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, he shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead. We need a strong financial system—but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp. Revised with new chapters “[Discusses] corrupt financiers in London and New York City, geographically obscure tax havens, the bizarre realm of wealth managers in South Dakota, a ravaged newspaper in New Jersey, and a shattered farm economy in Iowa . . . A vivid demonstration of how corruption and greed have become the main organizing principles in the finance industry.” —Kirkus Reviews

Study Guide for Financial Markets and Institutions

Study Guide for Financial Markets and Institutions PDF Author: Frederic S. Mishkin
Publisher: Prentice Hall
ISBN: 9780132136921
Category : Banks and banking
Languages : en
Pages : 0

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Book Description
Updated and revised by William Gerkin (Auburn University). Offers chapter summaries, exercises, self-tests, and answers to the exercises and self-tests.

A Study Guide for Sam Shepard's "Curse of the Starving Class"

A Study Guide for Sam Shepard's Author: Gale, Cengage Learning
Publisher: Gale, Cengage Learning
ISBN: 1410343545
Category : Literary Criticism
Languages : en
Pages : 27

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Book Description
A Study Guide for Sam Shepard's "Curse of the Starving Class," excerpted from Gale's acclaimed Drama For Students. This concise study guide includes plot summary; character analysis; author biography; study questions; historical context; suggestions for further reading; and much more. For any literature project, trust Drama For Students for all of your research needs.

Study Guide to accompany Principles of Corp. Finance

Study Guide to accompany Principles of Corp. Finance PDF Author: Richard Brealey
Publisher: McGraw-Hill/Irwin
ISBN: 9780077316471
Category : Business enterprises
Languages : en
Pages : 0

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Book Description
Prepared by V. Sivarama Krishnan of Cameron University, this useful tool contains an introduction to each chapter, key concepts, examples, exercises and solutions, and a complete chapter summary.

Study Guide and Workbook to accompany Foundations of Financial Management

Study Guide and Workbook to accompany Foundations of Financial Management PDF Author: Stanley Block
Publisher: McGraw-Hill/Irwin
ISBN: 9780073257495
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This valuable resource, created by Dwight C. Anderson, Louisiana Tech University, provides chapter summaries, outlines with page references, and additional problems and multiple-choice questions with solutions for practice.

The Oil Curse

The Oil Curse PDF Author: Michael L. Ross
Publisher: Princeton University Press
ISBN: 0691159637
Category : Political Science
Languages : en
Pages : 314

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Book Description
Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

Study Guide for Money, the Financial System, and the Economy

Study Guide for Money, the Financial System, and the Economy PDF Author: R. Glenn Hubbard
Publisher: Addison-Wesley
ISBN: 9780321490957
Category : Banks and banking
Languages : en
Pages : 288

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Book Description
The Study Guide offers handy review and study aids for each chapter, including a key concepts overview, a checklist of learning goals, and a self-test with true/false, fill-in-the-blank, multiple-choice, and essay questions and answers. Students can purchase the Study Guide from our catalog page or from MyPearsonStore.

Study Guide to Accompany Principles of Corp. Finance

Study Guide to Accompany Principles of Corp. Finance PDF Author: Richard A. Brealey
Publisher:
ISBN: 9780070743861
Category :
Languages : en
Pages :

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Book Description


Study Guide for Use with Money, Banking, and Financial Markets

Study Guide for Use with Money, Banking, and Financial Markets PDF Author: James Fackler
Publisher: McGraw-Hill/Irwin
ISBN: 9780072537307
Category : Business & Economics
Languages : en
Pages : 530

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Book Description
Contains review and tutorial resources, including multiple choice questions, descriptions of key chapter topics and terminology, review essays, and problems.