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Stories of Capitalism
Stefan Leins
其他書名
Inside the Role of Financial Analysts
出版
University of Chicago Press
, 2018-01-29
主題
Business & Economics / Banks & Banking
Business & Economics / Finance / General
Business & Economics / Investments & Securities / Analysis & Trading Strategies
Business & Economics / Industries / Financial Services
Social Science / General
Social Science / Anthropology / Cultural & Social
Social Science / Archaeology
ISBN
022652342X
9780226523422
URL
http://books.google.com.hk/books?id=9JpIDwAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
The financial crisis and the recession that followed caught many people off guard, including experts in the financial sector whose jobs involve predicting market fluctuations. Financial analysis offices in most international banks are supposed to forecast the rise or fall of stock prices, the success or failure of investment products, and even the growth or decline of entire national economies. And yet their predictions are heavily disputed. How do they make their forecasts—and do those forecasts have any actual value?
Building on recent developments in the social studies of finance,
Stories of Capitalism
provides the first ethnography of financial analysis. Drawing on two years of fieldwork in a Swiss bank, Stefan Leins argues that financial analysts construct stories of possible economic futures, presenting them as coherent and grounded in expert research and analysis. In so doing, they establish a role for themselves—not necessarily by laying bare empirically verifiable trends but rather by presenting the market as something that makes sense and is worth investing in.
Stories of Capitalism
is a nuanced look at how banks continue to boost investment—even in unstable markets—and a rare insider’s look into the often opaque financial practices that shape the global economy.