The New Financial Order: Risk in the 21st Century

Robert J. Shiller

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Sprache: Englisch

Verlag: Princeton University Press, United States, New Jersey, 2004

0691120110 / 9780691120119

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Artikelbeschreibung des Verkäufers

In his best-selling Irrational Exuberance, Robert Shiller cautioned that society's obsession with the stock market was fueling the volatility that has since made a roller coaster of the financial system. Less noted was Shiller's admonition that our infatuation with the stock market distracts us from more durable economic prospects. These lie in the hidden potential of real assets, such as income from our livelihoods and homes. But these "ordinary riches," so fundamental to our well-being, are increasingly exposed to the pervasive risks of a rapidly changing global economy. This compelling and important new book presents a fresh vision for hedging risk and securing our economic future. Shiller describes six fundamental ideas for using modern information technology and advanced financial theory to temper basic risks that have been ignored by risk management institutions--risks to the value of our jobs and our homes, to the vitality of our communities, and to the very stability of national economies. Informed by a comprehensive risk information database, this new financial order would include global markets for trading risks and exploiting myriad new financial opportunities, from inequality insurance to intergenerational social security. Just as developments in insuring risks to life, health, and catastrophe have given us a quality of life unimaginable a century ago, so Shiller's plan for securing crucial assets promises to substantially enrich our condition. Once again providing an enormous service, Shiller gives us a powerful means to convert our ordinary riches into a level of economic security, equity, and growth never before seen. And once again, what Robert Shiller says should be read and heeded by anyone with a stake in the economy. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.…

Bestandsnummer des Verkäufers GOR002965537

Titel
The New Financial Order: Risk in the 21st Century
Autor
Robert J. Shiller
Verlag
Princeton University Press, United States, New Jersey
Erscheinungsjahr
2004
Zustand
Very Good
Einband
Paperback
Sprache
Englisch
ISBN-10
0691120110
ISBN-13
9780691120119
Artikelgewicht
621 Gramm
Abmessungen
152.0 x 235.0

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AbeBooks-Verkäufer/-in seit 16. März 2007

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