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Capital Failure: Rebuilding Trust in Financial Services, SIGNED, Ed. by Nicholas Morris, David Vines

Capital Failure: Rebuilding Trust in Financial Services, SIGNED, Ed. by Nicholas Morris, David Vines

$89.99

Adam Smith's 'invisible hand' relied on the self-interest of individuals to produce good outcomes. Economists' belief in efficient markets took this idea further by assuming that all individuals are selfish. This belief underpinned financial deregulation, and the theories on incentives and performance which supported it. However, although Adam Smith argued that although individuals may be self-interested, he argued that they also have other-regarding motivations, including a desire for the approbation of others. This book argues that the trust-intensive nature of financial services makes it essential to cultivate such other-regarding motivations, and it provides proposals on how this might be done.

Published by Oxford University Press in 2014. 1st Ed, 1st printing. Hard cover with dust jacket. Copy in VGC, tight and bright, crisp and clean throughout. Handsome copy signed and inscribed to previous owner by author on front free end page.

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NOTES ON BOOK GRADING

Brand new: A new, unread, unused book in perfect condition with no missing or damaged pages.

Like new: A book in excellent condition. Cover is shiny and undamaged, and the dust jacket is included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins.

Very good (VGC): A book that has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket included for hard covers. No missing or damaged pages, no major creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear.

Good (GC): A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages.

Acceptable: A book with obvious wear. May have some damage to the cover but integrity still intact. The binding may be slightly damaged but integrity is still intact. Possible writing in margins, possible underlining and highlighting of text, but no missing pages or anything that would compromise the legibility or understanding of the text.


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