Tag Archives: derivatives

An Angry Person’s Guide to ‪‎Finance‬’ explains in simple terms the defining features of the post-1970s financial system

 >Open access<Jack Copley (University of Warwick) counters the popular narrative that the 2008 crisis was a purely financial failure that a decent set of regulations would solve, by pointing to flagging capitalist profitability as the motor behind such financial expansion. … Continue reading

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Codes of Finance: Engineering Derivatives in a Global Bank

Investment banks are enormously important, yet few social scientists have been inside them. Vincent Antonin Lépinay (MIT), a former bank employee, presents in his new fine book Codes of Finance: Engineering Derivatives in a Global Bank rich and fascinating ethnography, taking … Continue reading

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