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The Problem of Twelve: When a Few Financial Institutions Control Everything

Eric A. Posner

University of Chicago

Journal of Economic Literature 2024

Eric A. Posner of University of Chicago reviews “The Problem of Twelve: When a Few Financial Institutions Control Everything” by John Coates. The Econlit abstract of this book begins: “Explores issues that arise when a small number of actors acquire the means to exert outsized influence over the politics and economy of a nation, focusing in particular on the two late-twentieth-century institutions of index funds and private equity funds.”

DOI
10.1257/jel.62.1.317.r2
Volume
62 (1)
Pages
319-320
Language
en
Export
BibTeX
Sources
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