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  3. Emotions in Finance
  • Cited by 102
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    • Publisher:
      Cambridge University Press
      Publication date:
      05 July 2014
      23 November 2004
      ISBN:
      9781139195041
      9780521827850
      9780521535083
      DOI:
      https://doi.org/10.1017/CBO9781139195041
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.484kg, 246 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.37kg, 246 Pages
      • Subjects:
      Organisational Sociology, Sociology
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    Subjects:
    Organisational Sociology, Sociology
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    Book description

    Emotions in Finance, first published in 2005, is an analysis of global corporate oligopolies in the financial sector. During/after the dot com collapse, the book showed the dangerous corporate emotions in today's financial world, urging caution against the emerging property bubble of 2005. Aggressive competition leads, inevitably, to more collapses, which the worst credit crisis since 1929 proved, barely two years after the ink on the book was dry. Claims that 'a few' economists 'picked' the financial crisis are not true. The book contains interviews with famous central bankers and financiers in the City and Wall Street, who agreed that the book's fresh analysis showed inevitable future crashes, and much distress for many populations far removed from the oligarchs who unthinkingly run the financial sector for short-term profits and do not take the risks to lend for socially useful purposes.

    Reviews

    'As a chronicle of shared financial anxieties, written by an observer from an alien world, this is an excellent book.'

    Source: The Times Higher Education Supplement

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