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Ethics and the Global Financial Crisis

Name: Ethics and the Global Financial Crisis
Brand: Cambridge University Press
SKU: 05147041
Price: 144.34 EUR
Availability: InStock
Author: Boudewijn Bruin
ISBN: 9781107028913

Why Incompetence Is Worse than Greed

Boudewijn Bruin

Language

English

Book Hardback

Libristo code: 05147041

Publishers Cambridge University Press, February 2015

In this topical book, Boudewijn de Bruin examines the ethical 'blind spots' that lay at the heart of... Full description

Libristo code: 05147041

352 b

144.34 €

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In this topical book, Boudewijn de Bruin examines the ethical 'blind spots' that lay at the heart of the global financial crisis. He argues that the most important moral problem in finance is not the 'greed is good' culture, but rather the epistemic shortcomings of bankers, clients, rating agencies and regulators. Drawing on insights from economics, psychology and philosophy, de Bruin develops a novel theory of epistemic virtue and applies it to racist and sexist lending practices, subprime mortgages, CEO hubris, the Madoff scandal, professionalism in accountancy and regulatory outsourcing of epistemic responsibility. With its multidisciplinary reach, Ethics and the Global Financial Crisis will appeal to scholars working in philosophy, business ethics, economics, psychology and the sociology of finance. The many concrete examples and case studies mean that this book will also prove useful to policy-makers and regulators.