The finance curse : how global finance is making us all poorer
(Book)

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Published
New York : Grove Press, 2019.
Status
1 copy, 1 person is on the wait list.
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Location
Call Number
Status
Central - Adult New Nonfiction
332.042 SHAXS
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Description
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Format
Book
Edition
First Grove Atlantic hardcover edition.
Physical Desc
376 pages ; 23 cm
Street Date
1911
Language
English
ISBN
9780802128478, 0802128475

Notes

General Note
"Originally published by The Bodley Head in 2018"--ECIP galley.
Bibliography
Includes bibliographical references (pages 309-366) and index.
Description
"Financial journalist Nicholas Shaxson first made his reputation as a war reporter studying the 'resource curse,' seeing first-hand the disastrous economic and societal effects that followed the discovery of oil in Angola. He then gained prominence as an expert on tax havens, revealing the dark corners of that world long before the scandals of the Panama and Paradise Papers. Now, in The Finance Curse, revised with chapters exclusive to the American edition, he brings his broad knowledge to bear in an eye-opening investigation of how finance has overbalanced the economies of Western democracies, exerting an outsize effect on policy-making and effecting a brain drain of the brightest and best to the financial industry and its offshoots, much to the detriment of both the business sector and broader society. Shaxson explores the transmogrification of banks over the twentieth century from relatively small institutions that did well for themselves by serving the needs of business to unfettered global behemoths. These megabanks now spread the fiscal gospel that business must be taxed as little as possible to achieve unconstrained profits. It has encouraged a race to the bottom between states to provide the most subsidized environment for big business that rides on the toil and taxes of everyone else, all in the name of a bogus 'competitiveness.' We need strong financial institutions-but when finance grows too big it becomes a curse. The Finance Curse is the explosive story of how finance got a stranglehold on society and provides powerful new insights into how we might release ourselves from its grasp. It is a book that none of us can afford to ignore"--,Provided by publisher.
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Citations
APA Citation (style guide)

Shaxson, N. (2019). The finance curse: how global finance is making us all poorer. First Grove Atlantic hardcover edition. New York: Grove Press.

Chicago / Turabian - Author Date Citation (style guide)

Shaxson, Nicholas. 2019. The Finance Curse: How Global Finance Is Making Us All Poorer. New York: Grove Press.

Chicago / Turabian - Humanities Citation (style guide)

Shaxson, Nicholas, The Finance Curse: How Global Finance Is Making Us All Poorer. New York: Grove Press, 2019.

MLA Citation (style guide)

Shaxson, Nicholas. The Finance Curse: How Global Finance Is Making Us All Poorer. First Grove Atlantic hardcover edition. New York: Grove Press, 2019. Print.

Note! Citation formats are based on standards as of July 2010. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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