Show Notes
- Amazon USA Store: https://www.amazon.com/dp/B012271QA6?tag=9natree-20
- Amazon Worldwide Store: https://global.buys.trade/Other-People%26%23039%3Bs-Money%3A-The-Real-Business-of-Finance-John-Kay.html
- Apple Books: https://books.apple.com/us/audiobook/other-peoples-money-the-real-business-of-finance/id1652895941?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree
- eBay: https://www.ebay.com/sch/i.html?_nkw=Other+People+039+s+Money+The+Real+Business+of+Finance+John+Kay+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1
- Read more: https://english.9natree.com/read/B012271QA6/
#capitalallocation #financialintermediation #algorithmictrading #riskandrationality #financialregulation #OtherPeople039sMoney
Other People’s Money: The Real Business of Finance by John Kay is a nonfiction critique of modern finance, written for readers who want to understand what financial institutions actually do and how those activities affect the wider economy. Rather than treating finance as a neutral, self-correcting engine of efficiency, Kay argues that much of the sector has drifted away from its practical purpose: connecting savings to productive investment, supporting commerce, and helping households and firms manage risk. The book examines banking, trading, regulation, incentives, and market structure with a skeptical eye, showing how complexity and self-referential activity can obscure weak social value. It is written in an accessible but intellectually sharp style, making it useful both for general readers and for those with a background in economics or policy. The central aim is not to condemn all finance, but to separate valuable financial functions from the parts of the industry that mainly serve themselves.