by Robin Blackburn · Verso · tapa dura · ISBN 9781844670130
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«Age Shock: How Finance Is Failing Us» is the economic essay by Robin Blackburn published by Verso in hardcover (in English).
The book denounces the poor performance of the financial industry as custodian of savings and pensions, with scandals such as Enron or Parmalat. Blackburn describes a 'grey capitalism' in which financial engineering does not cover the cost of social aging, and proposes new sources of pension funding and responsible funds subject to accountability.
Robin Blackburn published this book in 2007; it takes up the argument of his earlier 'Banking on Death' and analyzes the pension systems of the United States and Great Britain.
For economics readers interested in pension systems and demographic aging.
Tapa dura
