Book notes: Finance and the Good Society

Finance and the Good Society by Robert Shiller

Robert J Shiller, Finance and the Good Society, Princeton University Press, March 25, 2012, 304 pages

Robert Shiller’s latest work comes at a time when discontent with the financial system has soared and those working in finance are largely perceived as irresponsible and greedy. As such, the work provides a timely reminder that financial innovation can provide significant benefits to the economy and plays an important role in society as a whole.

For Shiller, financial capitalism represents an

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