Good Finance: Why We Need a New Concept of Finance

Just as we need good food for good health, so too do we need ‘good finance’ for social and economic wellness.

In this book, Vedat Akgiray presents a timely critique of extreme financialisation, of the economics profession’s flawed modelling approach and the continuing blind faith in the efficient market hypothesis.

Outlining the causes of financial crises and their socioeconomic effects, Good Finance puts the issues into perspective. It offers a clear platform upon which our current concept of finance can be revised for the good of society.

Vedat Akgiray is Professor of Finance and Director of the Center for Corporate Governance at Bogazici University, Turkey