The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It. By Anat Admati and Martin Hellwig - New and Expanded Edition. Included in the schedule of events that the authors will be speaking at is Oxford Literary Festival
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A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year
Pianeta Libri news. Torino, February 6, 2024 – New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed—and why banks are still so dangerous.
Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier.
Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself.
Anat Admati is a professor at the Stanford Graduate School of Business. She has written for the New York Times and the Financial Times and has been included in Time’s 100 Most Influential People and Foreign Policy’s 100 Leading Global Thinkers.
Martin Hellwig is director emeritus at the Max Planck Institute for Research on Collective Goods in Bonn and former chair of the German Monopolies Commission and the Advisory Scientific Committee of the European Systemic Risk Board.
The authors will be in Europe promoting the book during March 2024 and are available for media interviews. Included in their schedule of events that they will be speaking at is Oxford Literary Festival.
Why our banking system is broken—and what we must do to fix it…
THE BANKERS’ NEW CLOTHES
What’s Wrong with Banking and What to Do about It
By Anat Admati and Martin Hellwig
Princeton University Press
Publishing 5 March 2024 at £16.99 in paperback
A New and Expanded Edition
For further information please contact:
Kate Farquhar-Thomson
Head of Publicity, Europe
Princeton University Press | Celebrating 25 years in Europe
99 Banbury Road
Oxford OX2 6JX
Kate_Farquhar-Thomson@press.princeton.edu
M: 07967 099456
@kateft
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