Ethics and the Global Financial Crisis

Why Incompetence Is Worse than Greed

Business & Finance, Business Reference, Business Ethics, Nonfiction, Religion & Spirituality, Philosophy
Cover of the book Ethics and the Global Financial Crisis by Boudewijn de Bruin, Cambridge University Press
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Author: Boudewijn de Bruin ISBN: 9781316188941
Publisher: Cambridge University Press Publication: February 12, 2015
Imprint: Cambridge University Press Language: English
Author: Boudewijn de Bruin
ISBN: 9781316188941
Publisher: Cambridge University Press
Publication: February 12, 2015
Imprint: Cambridge University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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