The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations by Donald H. Chew
English | February 18th, 2025 | ISBN: 0231211104 | 328 pages | True EPUB | 0.76 MB
Why did the "stagflation" of the 1970s—the improbable combination of high unemployment and runaway inflation—prove so painful and protracted? What explains the U.S. stock market's remarkable forty-year run of 12 percent average annual returns since then? Why is Japan still mired in a decades-long recession—and the Chinese economy in a tailspin? And what accounts for the resilience of U.S. stock and labor markets in the wake of the COVID-19 pandemic and in the face of the Fed's record interest rate hikes?