Finance and the Good Society

"Finance and the Good Society. is a provocative call for understanding, then reinventing finance as a force that could create inclusive prosperity. Shiller acknowledges the excesses, inequalities, and unfortunate incentives to sleaziness in the current financial system but says it doesn't have to be that way. An important book for those who seek change. "-Rosabeth Moss Kanter, Harvard Business School Professor and author of SuperCorp: How Vanguard Companies Create Innovation, Profit, Growth, and Social Good. "Drawing from history, economic theory, and keen observation of our economy, Robert Shiller brings a fresh perspective to a big issue-the role of finance in our society. He urges us to overcome the popular misperception that all finance is sleazy and to think broadly about how we can harness its power for the benefit of society as a whole. "-Darrell Duffie, Graduate School of Business, Stanford University. "Many MBA students are fascinated by the world of finance but wary of entering it because they perceive it as declining and marred by unethical behavior. This book will show them why finance is and should be a vital part of the good society's solution, rather than its problem. No other book does this with more authority or credibility. "-Shlomo Maital, professor emeritus, Technion-Israel Institute of Technology. "This is an overflowing feast of ideas and facts-from Adam Smith to neuroscience to casino design-that will convince intelligent readers who think of finance as an arcane subject that it is not just interesting but even entertaining. "-Robert Wade, London School of Economics and Political Science.