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Other People’s Money: Masters of the Universe or Servants of the People?
We need the finance sector to manage/store our money, fund our pensions, and support new businesses. Yet the bulk of the lending that goes on is within the sector itself, which begs the question what is it for and why is it profitable? John Kay shows how profitability in the financial world doesn’t come from creating new wealth but from appropriating the money of other people. Why is the sector so detached from ordinary business and everyday life?
Paperback: 368 Pages
Language: English
Format: Kindle Edition, Hardcover, & Paperback
5/5
“An accessible and persuasive book. John Kay writes with conviction, intelligence, and brilliance.”
