The Wisdom of Finance
eBook - ePub

The Wisdom of Finance

How the Humanities Can Illuminate and Improve Finance

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

The Wisdom of Finance

How the Humanities Can Illuminate and Improve Finance

About this book

Longlisted for the FT & McKinsey Business Book of the Year Award 2017

Finance is shrouded in mystery for outsiders, while many insiders are uneasy with the disrepute of their profession. How can finance become more accessible and also recover its nobility?

Harvard Business School professor Mihir Desai takes up the cause of restoring humanity to finance. With deft wit, he draws upon a rich knowledge of literature, film, history, and philosophy to explain finance's inner workings. Through this creative approach, he shows that outsiders can easily access the underlying ideas and insiders can reacquaint themselves with the core values of their profession.

This combination of finance and the humanities creates unusual and illuminating pairings: Jane Austen and Anthony Trollope are guides to risk management; Jeff Koons becomes an advocate of leverage; and Mel Brooks' The Producers teaches us about fiduciary responsibility. In Desai's vision, the principles of finance also provide answers to critical questions in our lives: bankruptcy teaches us how to react to failure, the lessons of mergers apply to marriages, and the Capital Asset Pricing Model demonstrates the true value of relationships.

The Wisdom of Finance is a wholly unique book, offering an enlivening new perspective on one of the world's most complex and misunderstood professions.

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Information

Publisher
Profile Books
Year
2017
Print ISBN
9781788160056
eBook ISBN
9781782834229

Table of contents

  1. Copyright Page
  2. Dedication
  3. Contents
  4. Author’s Note
  5. Introduction: Finance and the Good Life
  6. Chapter 1: The Wheel of Fortune
  7. Chapter 2: Risky Business
  8. Chapter 3: On Value
  9. Chapter 4: Becoming a Producer
  10. Chapter 5: No Romance Without Finance
  11. Chapter 6: Living the Dream
  12. Chapter 7: Failing Forward
  13. Chapter 8: Why Everyone Hates Finance
  14. Afterword
  15. Acknowledgments
  16. Notes
  17. Illustration Credits
  18. Index

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