Author: Warren Mosler
Publisher: Davin Patton
ISBN: 0692009590
Category : United States
Languages : en
Pages : 63
Book Description
"Here, Warren Mosler identifies and debunks seven entrenched ideas keeping the economy in a downward trajectory. In this ... book, he exposes commonly-held beliefs, such as 'deficits leave the debt burden to our children' and 'Social Security is broken,' to be economic myths. In addition to correcting these mindsets, Mosler promotes the restoration of the American economy with practical and feasible proposals. Along the way, he explains the operational realities of the monetary system in clear, down-to-earth language"--Book jacket.
Seven Deadly Innocent Frauds of Economic Policy
Author: Warren Mosler
Publisher: Davin Patton
ISBN: 0692009590
Category : United States
Languages : en
Pages : 63
Book Description
"Here, Warren Mosler identifies and debunks seven entrenched ideas keeping the economy in a downward trajectory. In this ... book, he exposes commonly-held beliefs, such as 'deficits leave the debt burden to our children' and 'Social Security is broken,' to be economic myths. In addition to correcting these mindsets, Mosler promotes the restoration of the American economy with practical and feasible proposals. Along the way, he explains the operational realities of the monetary system in clear, down-to-earth language"--Book jacket.
Publisher: Davin Patton
ISBN: 0692009590
Category : United States
Languages : en
Pages : 63
Book Description
"Here, Warren Mosler identifies and debunks seven entrenched ideas keeping the economy in a downward trajectory. In this ... book, he exposes commonly-held beliefs, such as 'deficits leave the debt burden to our children' and 'Social Security is broken,' to be economic myths. In addition to correcting these mindsets, Mosler promotes the restoration of the American economy with practical and feasible proposals. Along the way, he explains the operational realities of the monetary system in clear, down-to-earth language"--Book jacket.
Contours of Descent
Author: Robert Pollin
Publisher: Verso
ISBN: 9781844675340
Category : Business & Economics
Languages : en
Pages : 292
Book Description
The concepts of modernity and modernism are among the most controversial and vigorously debated in contemporary philosophy and cultural theory. In this new, muscular intervention, Pollin explores these notions in a fresh and illuminating manner.
Publisher: Verso
ISBN: 9781844675340
Category : Business & Economics
Languages : en
Pages : 292
Book Description
The concepts of modernity and modernism are among the most controversial and vigorously debated in contemporary philosophy and cultural theory. In this new, muscular intervention, Pollin explores these notions in a fresh and illuminating manner.
The Economics of Innocent Fraud
Author: John Kenneth Galbraith
Publisher: Penguin Books, Limited (UK)
ISBN: 9780141045139
Category : Corporations
Languages : en
Pages : 73
Book Description
'An almost indecently pleasurable read' The Times In this vigorous polemic John Kenneth Galbraith, a lifelong critic of unbridled corporate power, distils years of expertise to deliver a scathing attack on the modern financial system. Sounding the alarm on the gap between 'conventional wisdom' - a phrase he coined - and reality, Galbraith warns that the private sector and the public realm are becoming increasingly intertwined. He shows how politics and the media have colluded in the myth of a benign market system, accepting obscene pay gaps and unrestrained self-enrichment – ultimately meaning that we have come to condone legal, legitimate, 'innocent' fraud. First published in 2004, this extraordinarily prescient analysis of capitalism now has even greater power and relevance for our times. 'I agree with Galbraith. The bonus culture is skim, bribery, corporate theft' Simon Jenkins, Guardian 'The most stylish writer on economics of the past half-century ... it will please those who appreciate Galbraith's dry wit and laconic iconoclasm' Financial Times 'America's great liberal economist, the intellectual heir to John Maynard Keynes' Economist
Publisher: Penguin Books, Limited (UK)
ISBN: 9780141045139
Category : Corporations
Languages : en
Pages : 73
Book Description
'An almost indecently pleasurable read' The Times In this vigorous polemic John Kenneth Galbraith, a lifelong critic of unbridled corporate power, distils years of expertise to deliver a scathing attack on the modern financial system. Sounding the alarm on the gap between 'conventional wisdom' - a phrase he coined - and reality, Galbraith warns that the private sector and the public realm are becoming increasingly intertwined. He shows how politics and the media have colluded in the myth of a benign market system, accepting obscene pay gaps and unrestrained self-enrichment – ultimately meaning that we have come to condone legal, legitimate, 'innocent' fraud. First published in 2004, this extraordinarily prescient analysis of capitalism now has even greater power and relevance for our times. 'I agree with Galbraith. The bonus culture is skim, bribery, corporate theft' Simon Jenkins, Guardian 'The most stylish writer on economics of the past half-century ... it will please those who appreciate Galbraith's dry wit and laconic iconoclasm' Financial Times 'America's great liberal economist, the intellectual heir to John Maynard Keynes' Economist
Lying for Money
Author: Dan Davies
Publisher: Scribner
ISBN: 1982114932
Category : True Crime
Languages : en
Pages : 304
Book Description
An entertaining, deeply informative explanation of how high-level financial crimes work, written “with verve and wit” (The Sunday Times, London) by an industry insider who’s an expert in the field. The way most white-collar crime works is by manipulating institutional psychology. That means creating something that looks as much as possible like a normal set of transactions. The drama comes later, when it all unwinds. Financial crime seems horribly complicated, but there are only so many ways you can con someone out of what’s theirs. In Lying for Money, veteran regulatory economist and market analyst Dan Davies tells the story of fraud through a genealogy of financial malfeasance, including: the Great Salad Oil swindle, the Pigeon King International fraud, the fictional British colony of Poyais in South America, the Boston Ladies’ Deposit Company, the Portuguese Banknote Affair, Theranos, and the Bre-X scam. Davies brings new insights into these schemes and shows how all frauds, current and historical, belong to one of four categories (“long firm,” counterfeiting, control fraud, and market crimes) and operate on the same basic principles. The only elements that change are the victims, the scammers, and the terminology. Revealing some of the most famous frauds of the modern age, Davies explains how fraud has shaped the entire development of the modern world economy. For those “who like their true-crime stories laced with economics will enjoy these forays into the dark side” (Kirkus Reviews) this is a gripping and vivid look at modern market societies.
Publisher: Scribner
ISBN: 1982114932
Category : True Crime
Languages : en
Pages : 304
Book Description
An entertaining, deeply informative explanation of how high-level financial crimes work, written “with verve and wit” (The Sunday Times, London) by an industry insider who’s an expert in the field. The way most white-collar crime works is by manipulating institutional psychology. That means creating something that looks as much as possible like a normal set of transactions. The drama comes later, when it all unwinds. Financial crime seems horribly complicated, but there are only so many ways you can con someone out of what’s theirs. In Lying for Money, veteran regulatory economist and market analyst Dan Davies tells the story of fraud through a genealogy of financial malfeasance, including: the Great Salad Oil swindle, the Pigeon King International fraud, the fictional British colony of Poyais in South America, the Boston Ladies’ Deposit Company, the Portuguese Banknote Affair, Theranos, and the Bre-X scam. Davies brings new insights into these schemes and shows how all frauds, current and historical, belong to one of four categories (“long firm,” counterfeiting, control fraud, and market crimes) and operate on the same basic principles. The only elements that change are the victims, the scammers, and the terminology. Revealing some of the most famous frauds of the modern age, Davies explains how fraud has shaped the entire development of the modern world economy. For those “who like their true-crime stories laced with economics will enjoy these forays into the dark side” (Kirkus Reviews) this is a gripping and vivid look at modern market societies.
Barred
Author: Daniel S. Medwed
Publisher: Basic Books
ISBN: 1541675908
Category : Law
Languages : en
Pages : 276
Book Description
A groundbreaking exposé of how our legal system makes it nearly impossible to overturn wrongful convictions Thousands of innocent people are behind bars in the United States. But proving their innocence and winning their release is nearly impossible. In Barred, legal scholar Daniel S. Medwed argues that our justice system’s stringent procedural rules are largely to blame for the ongoing punishment of the innocent. Those rules guarantee criminal defendants just one opportunity to appeal their convictions directly to a higher court. Afterward, the wrongfully convicted can pursue only a few narrow remedies. Even when there is strong evidence of a miscarriage of justice, rigid guidelines, bias, and deference toward lower courts all too often prevent exoneration. Offering clear explanations of legal procedures alongside heart-wrenching stories of their devastating impact, Barred exposes how the system is stacked against the innocent and makes a powerful call for change.
Publisher: Basic Books
ISBN: 1541675908
Category : Law
Languages : en
Pages : 276
Book Description
A groundbreaking exposé of how our legal system makes it nearly impossible to overturn wrongful convictions Thousands of innocent people are behind bars in the United States. But proving their innocence and winning their release is nearly impossible. In Barred, legal scholar Daniel S. Medwed argues that our justice system’s stringent procedural rules are largely to blame for the ongoing punishment of the innocent. Those rules guarantee criminal defendants just one opportunity to appeal their convictions directly to a higher court. Afterward, the wrongfully convicted can pursue only a few narrow remedies. Even when there is strong evidence of a miscarriage of justice, rigid guidelines, bias, and deference toward lower courts all too often prevent exoneration. Offering clear explanations of legal procedures alongside heart-wrenching stories of their devastating impact, Barred exposes how the system is stacked against the innocent and makes a powerful call for change.
The Great Crash, 1929
Author: John Kenneth Galbraith
Publisher:
ISBN:
Category : Depressions
Languages : en
Pages : 248
Book Description
John Kenneth Galbraith's classic study of the Wall Street Crash of 1929.
Publisher:
ISBN:
Category : Depressions
Languages : en
Pages : 248
Book Description
John Kenneth Galbraith's classic study of the Wall Street Crash of 1929.
23 Things They Don't Tell You about Capitalism
Author: Ha-Joon Chang
Publisher: Bloomsbury Publishing USA
ISBN: 1608193586
Category : Business & Economics
Languages : en
Pages : 305
Book Description
INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK) If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan. Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.
Publisher: Bloomsbury Publishing USA
ISBN: 1608193586
Category : Business & Economics
Languages : en
Pages : 305
Book Description
INTERNATIONAL BESTSELLER "For anyone who wants to understand capitalism not as economists or politicians have pictured it but as it actually operates, this book will be invaluable."-Observer (UK) If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan. Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.
Managerial Fraud
Author: Dr Terry A Sheridan
Publisher: Gower Publishing, Ltd.
ISBN: 1472413407
Category : Law
Languages : en
Pages : 388
Book Description
Most frauds perpetrated by senior managers take longer to uncover than those by other occupational groups and they steal more.This is a serious problem world-wide. Currently the Red Flag approach is used by auditors to prevent and uncover fraud and in some countries it is statutory. However, the existing approach does not catch managerial fraudsters quickly or very often. In Managerial Fraud, Dr Terry Sheridan reports the findings of her study of fraudulent executives. Her work illuminates the particular methods fraudsters employ to appear more authentic than the average person and reveals two types of executive fraudster with very different behaviours. All this helps to explain why the current Red Flag approach fails to identify potential fraudsters and instead tends to focus on Red Flag executives who are negative characters, but non-fraudulent and accounts for the problem auditors face, who see Red Flag indicators and are obliged to conduct further audits, yet find nothing of substance. During the author’s research, the innocent colleagues who worked closely with fraudulent managers have for the first time been interviewed about their experiences and had their impressions analysed, leading to the development of an innovative typology of fraudulent executives based on Impression Management Theory. Better understanding of what Dr Sheridan has uncovered might result in organisations being able to reduce their exposure to fraud perpetrated by their own senior management.
Publisher: Gower Publishing, Ltd.
ISBN: 1472413407
Category : Law
Languages : en
Pages : 388
Book Description
Most frauds perpetrated by senior managers take longer to uncover than those by other occupational groups and they steal more.This is a serious problem world-wide. Currently the Red Flag approach is used by auditors to prevent and uncover fraud and in some countries it is statutory. However, the existing approach does not catch managerial fraudsters quickly or very often. In Managerial Fraud, Dr Terry Sheridan reports the findings of her study of fraudulent executives. Her work illuminates the particular methods fraudsters employ to appear more authentic than the average person and reveals two types of executive fraudster with very different behaviours. All this helps to explain why the current Red Flag approach fails to identify potential fraudsters and instead tends to focus on Red Flag executives who are negative characters, but non-fraudulent and accounts for the problem auditors face, who see Red Flag indicators and are obliged to conduct further audits, yet find nothing of substance. During the author’s research, the innocent colleagues who worked closely with fraudulent managers have for the first time been interviewed about their experiences and had their impressions analysed, leading to the development of an innovative typology of fraudulent executives based on Impression Management Theory. Better understanding of what Dr Sheridan has uncovered might result in organisations being able to reduce their exposure to fraud perpetrated by their own senior management.
The Rhetoric of Economics
Author: Deirdre N. McCloskey
Publisher: Univ of Wisconsin Press
ISBN: 0299158136
Category : Social Science
Languages : en
Pages : 249
Book Description
A classic in its field, this pathbreaking book humanized the scientific rhetoric of economics to reveal its literary soul. Economics needs to admit that it, like other sciences, works with metaphors and stories. Its most mathematical and statistical moments are properly dominated by comparison and narration, that is to say, human persuasion. The book was McCloskey's opening move in the development of a "humanomics," and unification of the sciences and the humanities on the field of ordinary business life.
Publisher: Univ of Wisconsin Press
ISBN: 0299158136
Category : Social Science
Languages : en
Pages : 249
Book Description
A classic in its field, this pathbreaking book humanized the scientific rhetoric of economics to reveal its literary soul. Economics needs to admit that it, like other sciences, works with metaphors and stories. Its most mathematical and statistical moments are properly dominated by comparison and narration, that is to say, human persuasion. The book was McCloskey's opening move in the development of a "humanomics," and unification of the sciences and the humanities on the field of ordinary business life.
Corruption and Fraud in Financial Markets
Author: Carol Alexander
Publisher: John Wiley & Sons
ISBN: 1119421772
Category : Business & Economics
Languages : en
Pages : 624
Book Description
Identifying malpractice and misconduct should be top priority for financial risk managers today Corruption and Fraud in Financial Markets identifies potential issues surrounding all types of fraud, misconduct, price/volume manipulation and other forms of malpractice. Chapters cover detection, prevention and regulation of corruption and fraud within different financial markets. Written by experts at the forefront of finance and risk management, this book details the many practices that bring potentially devastating consequences, including insider trading, bribery, false disclosure, frontrunning, options backdating, and improper execution or broker-agency relationships. Informed but corrupt traders manipulate prices in dark pools run by investment banks, using anonymous deals to move prices in their own favour, extracting value from ordinary investors time and time again. Strategies such as wash, ladder and spoofing trades are rife, even on regulated exchanges – and in unregulated cryptocurrency exchanges one can even see these manipulative quotes happening real-time in the limit order book. More generally, financial market misconduct and fraud affects about 15 percent of publicly listed companies each year and the resulting fines can devastate an organisation's budget and initiate a tailspin from which it may never recover. This book gives you a deeper understanding of all these issues to help prevent you and your company from falling victim to unethical practices. Learn about the different types of corruption and fraud and where they may be hiding in your organisation Identify improper relationships and conflicts of interest before they become a problem Understand the regulations surrounding market misconduct, and how they affect your firm Prevent budget-breaking fines and other potentially catastrophic consequences Since the LIBOR scandal, many major banks have been fined billions of dollars for manipulation of prices, exchange rates and interest rates. Headline cases aside, misconduct and fraud is uncomfortably prevalent in a large number of financial firms; it can exist in a wide variety of forms, with practices in multiple departments, making self-governance complex. Corruption and Fraud in Financial Markets is a comprehensive guide to identifying and stopping potential problems before they reach the level of finable misconduct.
Publisher: John Wiley & Sons
ISBN: 1119421772
Category : Business & Economics
Languages : en
Pages : 624
Book Description
Identifying malpractice and misconduct should be top priority for financial risk managers today Corruption and Fraud in Financial Markets identifies potential issues surrounding all types of fraud, misconduct, price/volume manipulation and other forms of malpractice. Chapters cover detection, prevention and regulation of corruption and fraud within different financial markets. Written by experts at the forefront of finance and risk management, this book details the many practices that bring potentially devastating consequences, including insider trading, bribery, false disclosure, frontrunning, options backdating, and improper execution or broker-agency relationships. Informed but corrupt traders manipulate prices in dark pools run by investment banks, using anonymous deals to move prices in their own favour, extracting value from ordinary investors time and time again. Strategies such as wash, ladder and spoofing trades are rife, even on regulated exchanges – and in unregulated cryptocurrency exchanges one can even see these manipulative quotes happening real-time in the limit order book. More generally, financial market misconduct and fraud affects about 15 percent of publicly listed companies each year and the resulting fines can devastate an organisation's budget and initiate a tailspin from which it may never recover. This book gives you a deeper understanding of all these issues to help prevent you and your company from falling victim to unethical practices. Learn about the different types of corruption and fraud and where they may be hiding in your organisation Identify improper relationships and conflicts of interest before they become a problem Understand the regulations surrounding market misconduct, and how they affect your firm Prevent budget-breaking fines and other potentially catastrophic consequences Since the LIBOR scandal, many major banks have been fined billions of dollars for manipulation of prices, exchange rates and interest rates. Headline cases aside, misconduct and fraud is uncomfortably prevalent in a large number of financial firms; it can exist in a wide variety of forms, with practices in multiple departments, making self-governance complex. Corruption and Fraud in Financial Markets is a comprehensive guide to identifying and stopping potential problems before they reach the level of finable misconduct.