Boudewijn de Bruin's Ethics and the Global Financial Crisis: Why Incompetence is PDF

By Boudewijn de Bruin

during this topical publication, Boudewijn de Bruin examines the moral 'blind spots' that lay on the middle of the worldwide monetary situation. He argues that an important ethical challenge in finance isn't the 'greed is sweet' tradition, yet relatively the epistemic shortcomings of bankers, consumers, ranking businesses and regulators. Drawing on insights from economics, psychology and philosophy, de Bruin develops a singular thought of epistemic advantage and applies it to racist and sexist lending practices, subprime mortgages, CEO hubris, the Madoff scandal, professionalism in accountancy and regulatory outsourcing of epistemic accountability. With its multidisciplinary succeed in, Ethics and the worldwide monetary quandary will entice students operating in philosophy, company ethics, economics, psychology and the sociology of finance. the various concrete examples and case stories suggest that this publication also will turn out important to policy-makers and regulators.

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