Masters of the Universe, Slaves of the Market

Nonfiction, Social & Cultural Studies, Political Science, International, Foreign Legal Systems, Business & Finance, Finance & Investing, Banks & Banking, Politics, Economic Conditions
Cover of the book Masters of the Universe, Slaves of the Market by Stephen Bell, Harvard University Press
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Author: Stephen Bell ISBN: 9780674425613
Publisher: Harvard University Press Publication: March 9, 2015
Imprint: Harvard University Press Language: English
Author: Stephen Bell
ISBN: 9780674425613
Publisher: Harvard University Press
Publication: March 9, 2015
Imprint: Harvard University Press
Language: English

Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.

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Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.

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