Introduction

Paul H. Dembinski

A chapter in Finance: Servant or Deceiver?, 2009, pp 1-10 from Palgrave Macmillan

Abstract: Abstract In the early 1990s, in response to a request from the Charles-Léopold Mayer Foundation for Human Progress (based in Lausanne and Paris), we drew up a report on the role of financial markets in today’s economy and society.1 The report indicated that finance in the broad sense of the term had now moved far beyond its classic macroeconomic role of converting savings into investment, and had instead become a coherent pattern of techniques, institutions and behaviours that were profoundly altering the economy and society as a whole. These findings led to the establishment of the Observatoire de la Finance in Geneva in 1996 and the launch of the journal Finance & the Common Good/Bien Commun in 1998.

Keywords: Deductive Reasoning; Mortgage Loan; Mainstream Economist; Journal Finance; Soviet Economy (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59505-7_1

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DOI: 10.1057/9780230595057_1

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