Tag Archives: greed

Managers’ Self-Interest, Greed, and Altruism

We explore the potential effects of managers’ greed and altruism on their behaviors and firm outcomes. Greed represents extreme self-interest whereas altruism reflects concern for others. We argue that managerial greed leads to a focus on short-term decisions and short-term … Continue reading

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Age of Greed: The Triumph of Finance and the Decline of America, 1970 to the Present

Read Read also: How Wall Street Won and America Lost A vividly told history of how greed bred America’s economic ills over the last forty years, and of the men most responsible for them. As Jeff Madrick makes clear in … Continue reading

Posted in Banks, Credit system, Crisis, Debt, Derivatives, Economists, Financial oligarchy, Financial system, Greed, Neoliberalism, United States | Tagged , , , , , , | Leave a comment

How Wall Street Won and America Lost

Read In his latest book, Age of Greed, former New York Times economic columnist Jeff Madrick tells how Wall Street triumphed and America paid the price. It’s the story of how, starting in the 1970s, right-wing economics – a mystical … Continue reading

Posted in Banks, Crisis, Debt, Economists, Financial oligarchy, Financial system, Greed, United States | Tagged , , , , , | Leave a comment