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Cowardly Capitalism: The Myth of the Global Financial Casino: Book by Daniel Ben-Ami

Cowardly Capitalism: The Myth of the Global Financial Casino

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ISBN: 9780471899631    Publisher: John Wiley and Sons Ltd Year of publishing: 2001     Format:  Hardback No of Pages: 206        
A bold challenge to accepted ideas about the need for regulation of world financial markets
In a controversial new book sure to spark debate throughout the world financial community, British financial...Read more
A bold challenge to accepted ideas about the need for regulation of world financial markets
In a controversial new book sure to spark debate throughout the world financial community, British financial journalist and investment expert Daniel Ben-Ami makes a strong case against the current trend toward increased government regulation of the international money markets. In stark contrast to the accepted wisdom, promulgated by the likes of Soros and Krugman, Ben-Ami avers that the real problem currently threatening global finance is not wanton risk-taking, but excessive risk aversion. Rather than reduce the likelihood of financial crises, he believes that greater intervention will bring greater problems including panic waves that could crush the economies of entire regions in a matter of hours. Writing in a lively style, devoid of mathematics, and using many allusions to current affairs, pop culture, and business publishing to illustrate his arguments, Ben-Ami makes this book an enjoyable, highly accessible read.
Daniel Ben-Ami (London, UK) is a professional investment adviser and editor in chief of a well-respected journal for investment advisers.
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Review:
Ben-Ami's well-written and thought-provoking book, is bound to attract considerable comment. This book will not be one of your riskier investments." (Lloyd's List, 3rd March 2001) " This is a...Read more
Ben-Ami's well-written and thought-provoking book, is bound to attract considerable comment. This book will not be one of your riskier investments." (Lloyd's List, 3rd March 2001) " This is a thoughtful, easy-to-read book which nevertheless tackles big issues from a fresh perspective." (Portfolio International, May 2001) "thought-provoking book." (MoneyWise, June 2001) "fascinating analysis" (Financial News,13 August 2001) "His is a brilliant introduction to the impenetrable world of high finance and an uncompromising analysis of its function in the contemporary economy." (The Independent, 23rd June 2001) "well-documented short book...a book to make you think" (IFS News, June 2001) "excellent book" (www.zdnet.co.uk 23 October 2001)
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