• Home
  • Articles
    • Books
    • Business News
    • Community
    • Economics
    • Environment
    • Food
    • Human Rights
    • Observations
    • Politics
  • About
  • Subscribe
  • Contact
The Mirror is a bi-monthly magazine which looks at the social, spiritual, political and environmental issues in our world
Reflections and Observations
  • Home
  • Analysis
  • Books
  • Business News
  • Change the Conversation
  • Climate Change
  • Comment
  • Community
  • Economics
  • Energy
  • Environment
  • Food
  • Health
  • Human Rights
  • Observations
  • Politics
  • Social Networking
  • Spirit
  • The Daily News
  • Uncategorized

Finance and the Good Society

By Robert J Shiller

Princeton University Press

$Aus 37.95 $NZ 46.91

The reputation of the financial industry could hardly be worse than it is today in the painful aftermath of the 2008 financial crisis.

New York Times best-selling economist Robert Shiller is no apologist for the sins of finance–he is probably the only person to have predicted both the stock market bubble of 2000 and the real estate bubble that led up to the subprime mortgage meltdown.

But in this important and timely book, Shiller argues that, rather than condemning finance, we need to reclaim it for the common good. He makes a powerful case for recognising that finance, far from being a parasite on society, is one of the most powerful tools we have for solving our common problems and increasing the general well-being.

We need more financial innovation–not less–and finance should play a larger role in helping society achieve its goals. Challenging the public and its leaders to rethink finance and its role in society,

Shiller argues that finance should be defined not merely as the manipulation of money or the management of risk but as the stewardship of society’s assets. He explains how people in financial careers–from CEO, investment manager, and banker to insurer, lawyer, and regulator–can and do manage, protect, and increase these assets. He describes how finance has historically contributed to the good of society through inventions such as insurance, mortgages, savings accounts, and pensions, and argues that we need to envision new ways to rechannel financial creativity to benefit society as a whole.

Ultimately, Shiller shows how society can once again harness the power of finance for the greater good.

 

Share this:

Related Posts

AstraTaylor_BtG_Democracy_Sten_Astra_lead

Books /

Remake the World

The-Age-of-Unpeace-TM

Books /

The Age of Unpeace

Rebecca-Solnit

Books /

A Field Guide to Getting Lost

‹ Who are you (really) communicating with?› Rupert Murdoch: Investigation of Power
5th September 2023

Recent Posts

  • Remake the World
  • Rupert Murdoch and the rise and fall of the press barons: how much power do newspapers still have?
  • The Age of Unpeace
  • Ways to accelerate grassroots innovation and build a more inclusive future
  • A Field Guide to Getting Lost

Categories

  • Analysis
  • Books
  • Business News
  • Change the Conversation
  • Climate Change
  • Comment
  • Community
  • Economics
  • Energy
  • Environment
  • Food
  • Health
  • Human Rights
  • Observations
  • Politics
  • Social Networking
  • Spirit
  • The Daily News
  • Uncategorized

Archives

JEZ Media

Back to Top

  • Home
  • Analysis
  • Books
  • Business News
  • Change the Conversation
  • Climate Change
  • Comment
  • Community
  • Economics
  • Energy
  • Environment
  • Food
  • Health
  • Human Rights
  • Observations
  • Politics
  • Social Networking
  • Spirit
  • The Daily News
  • Uncategorized

To subscribe, advertise or contribute articles to themirrorinspires.com contact publisher@xtra.co.nz

(c) The Mirror Inspires, 2023