Policy Press

Good Finance

Why We Need a New Concept of Finance

By Vedat Akgiray

Published

Jun 5, 2019

Page count

162 pages

ISBN

978-1529200003

Dimensions

198 x 129 mm

Imprint

Bristol University Press

Published

Jun 5, 2019

Page count

162 pages

ISBN

978-1529200010

Dimensions

Imprint

Bristol University Press

Published

Jun 5, 2019

Page count

162 pages

ISBN

978-1529200027

Dimensions

Imprint

Bristol University Press
Good Finance

Just as we need good food for good health, so too do we need ‘good finance’ for social and economic wellness.

In this book, Vedat Akgiray presents a timely critique of extreme financialisation, of the economics profession’s flawed modelling approach and the continuing blind faith in the efficient market hypothesis.

Outlining the causes of financial crises and their socioeconomic effects, Good Finance puts the issues into perspective. It offers a clear platform upon which our current concept of finance can be revised for the good of society.

"This is a very powerful critique of the global and more especially the developed world financial system. The book should become a standard work in academic finance and corporate governance." John Plender, Financial Times

''Instead of treating finance as a homogenous entity with a universally applicable set of tools, 'Good Finance' explains its social nature, and the anti-social consequences of ignoring that fact.'' Michael Keaney, Metropolia Business School

"Good Finance is a provocative book filled with facts and ideas. The author brings unique insights from his academic and regulatory background. Anyone who cares about the role of finance in society should read this book.'' Umit Gurun, University of Texas at Dallas

Vedat Akgiray is Professor of Finance and Director of the Center for Corporate Governance at Bogazici University, Turkey

A Short Story of Finance

Problems with Finance

Good Finance

Final Words