Masters of the Universe, Slaves of the Market

Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.

About the author

Stephen Bell is Professor of Politics at the University of Queensland.Andrew Hindmoor is Professor of Politics at the University of Sheffield.

Summary

Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.

Product details

• Authors: Stephen Bell, Stephen Hindmoor Bell, Andrew Hindmoor, Hindmoor Andrew
• Publisher: Harvard University Press
• Languages: English
• Product format: Hardback
• Released: 09.03.2015
• EAN: 9780674743885
• ISBN: 978-0-674-74388-5
• No. of pages: 400
• Subjects: Natural sciences, medicine, IT, technology > Geosciences > Geography; Social sciences, law, business > Political science > Political science and political education; Economics, finance, business & management, Economics, POLITICAL SCIENCE / Political Economy, BUSINESS & ECONOMICS / Banks & Banking, POLITICAL SCIENCE / Comparative Politics, Banking, Political Economy, Comparative Politics