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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: History proves that a sound financial system can enhance lives and bolster economies.
Chapter 3: Derivatives markets have pushed finance further from serving needs of the real economy.
Chapter 4: Since the 1970s, finance professionals have had fewer incentives to act in their clients’ interests.
Chapter 5: The 2008 banking collapse stemmed from transactions executed by greedy dealers who personally faced zero accountability.
Chapter 6: Through lobbying and donations, financial institutions today wield outsized influence over government policy.
Chapter 7: Financial regulation isn’t always helpful.
Chapter 8: The finance sector must be restructured, with positive change arising from within itself.
Description
Other People’s Money (2015) offers a detailed breakdown of the financial sector: how it functions, the effect it has on economies and what its purpose should ideally be – as opposed to what its current purpose is. Find out why the international financial sector has become a ruthless mechanism made up of rotten parts, and discover how these parts can be eliminated and, eventually, replaced.
Who Should Listen
- Readers who want to know how the global financial system affects their lives
- Entrepreneurs looking to understand how finance works
- Students of economics, history, politics or sociology