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Finance and Philosophy: Why We're Always Surprised
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Finance and Philosophy: Why We're Always Surprised Paperback - 2018

by Alex J. Pollock

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Reader reviews for Finance and Philosophy: Why We're Always Surprised

From the publisher

"Pollock tells us all we need to know about money and banking, risk and uncertainty, debt and temptation, and science and economics. He delights as he instructs."--James Grant, founder and editor, Grant's Interest Rate Observer

Finance and Philosophy provides a concise and witty account of how bankers and financial regulators think, of the alleged causes of the cycles of booms and busts, of the implicit and often un-thought-out assumptions shaping retirement finance, fiat money, corporate governance. Pollock deftly shows how poorly bankers have measured the risk their banks have been exposed to. With candor and clarity, he uncovers the persistent and unavoidable uncertainty inherent in the business of banking. We learn that a banker's confidence in his ability to measure banking risk accurately is the lure which has repeatedly led to bank failures. Pollock has a modest and compelling suggestion: Acknowledge the unavoidability of ignorance with respect to financial risk, and, in the light of this ignorance of the future, act moderately.

Details

  • Title Finance and Philosophy: Why We're Always Surprised
  • Author Alex J. Pollock
  • Binding Paperback
  • Pages 183
  • Volumes 1
  • Language ENG
  • Publisher Paul Dry Books
  • Publication date 2018-10-23
  • Features Bibliography, Index
  • ISBN 9781589881303 / 1589881303
  • Weight 0.5 lbs (0.23 kg)
  • Dimensions 8.4 x 5.5 x 0.6 in (21.34 x 13.97 x 1.52 cm)
  • Category Business / Economics / Finance
  • Library of Congress subjects Financial crises, Wirtschaft
  • Library of Congress Catalogue Number 2018952420
  • Dewey Decimal Code 332.01

About the author

Alex J. Pollock is a distinguished senior fellow at the R Street Institute in Washington, DC. Before joining R Street, he was a resident fellow at the American Enterprise Institute from 2004 to 2015, and President and Chief Executive Officer of the Federal Home Loan Bank of Chicago from 1991 to 2004. Mr. Pollock focuses on financial policy issues, including financial cycles, housing finance, banking systems, central banking, government-sponsored enterprises, uncertainty and risk, retirement finance, corporate governance, and financial crises with their ensuing political responses. He is the author of Boom and Bust: Financial Cycles and Human Prosperity, as well as numerous articles and Congressional testimony. Mr. Pollock is a director of CME Group; Great Lakes Higher Education Corporation; and the Great Books Foundation, where he was Chairman of the Board 2006-2014; and is a past-president of the International Union for Housing Finance. He is a graduate of Williams College, the University of Chicago, and Princeton University.

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Finance and Philosophy: Why We’re Always Surprised
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Finance and Philosophy: Why We’re Always Surprised

by Pollock, Alex J.

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Finance and Philosophy : Why We're Always Surprised
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Finance and Philosophy : Why We're Always Surprised

by Alex J. Pollock

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ISBN 10 / ISBN 13
9781589881303 / 1589881303
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Dry Books, Incorporated, Paul, 2018. Paperback. Acceptable. Readable copy. Pages may have considerable notes/highlighting. ~ ThriftBooks: Read More, Spend Less.Dust jacket quality is not guaranteed.
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Finance and Philosophy: Why We’re Always Surprised

Finance and Philosophy: Why We’re Always Surprised

by Alex J. Pollock

  • Used
  • Very good
  • Paperback
Condition
Very good
Binding
Paperback
ISBN 10 / ISBN 13
9781589881303 / 1589881303
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Paul Dry Books, 2018. Paperback. Very Good. Disclaimer:A copy that has been read, but remains in excellent condition. Pages are intact and are not marred by notes or highlighting, but may contain a neat previous owner name. The spine remains undamaged. At ThriftBooks, our motto is: Read More, Spend Less.Dust jacket quality is not guaranteed.
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Finance and Philosophy: Why We?re Always Surprised
Stock photo: cover may vary

Finance and Philosophy: Why We?re Always Surprised

by Pollock, Alex J.

  • Used
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  • Paperback
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Good
Binding
Paperback
ISBN 10 / ISBN 13
9781589881303 / 1589881303
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paperback. Good. Access codes and supplements are not guaranteed with used items. May be an ex-library book.
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