Good Finance: Why We Need a New Concept of Finance

Anyone can tell you that a healthy diet is essential to maintaining good health. In this guidebook toward a more equitable future, Akgiray pinpoints “good finance” as the essential ingredient for social and economic wellness at the national level. Good Finance presents a timely critique of extreme financialization, 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, this book offers a clear platform for revising our current big-picture financial concepts so that they can better serve a greater swath of society.