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.
Series: Business, Value Creation, and Society
Hardcover: 244 pages
Publisher: Cambridge University Press (December 31, 2014)
Language: English
ISBN-10: 1107028914
ISBN-13: 978-1107028913
Product Dimensions: 6 x 0.6 x 9 inches
Shipping Weight: 1.4 ounces
http://www.amazon.com/Ethics-Global-Financial-Crisis-Incompetence/dp/1107028914/ref=sr_1_1_twi_2?ie=UTF8&qid=1424796475&sr=8-1&keywords=Ethics+and+the+Global+Financial+Crisis%3A+Why+Incompetence+is+Worse+than+Greed
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