Philip Grant, "Chains of Finance: How Investment Management is Shaped" (Oxford UP, 2017)

Philip Grant, "Chains of Finance: How Investment Management is Shaped" (Oxford UP, 2017)

The authors of Chains of Finance: How Investment Management is Shaped (Oxford University Press, 2017) make points that professionals already know and that end-investors ought to know: that there are a lot of cooks in the investment kitchen, and that the investment process is materially shaped by the chain of individuals and institutions that go into manufacturing investment products. Advisors, consultants, compliance, sales, portfolio managers, analysts, traders, distributors, custodians---these job titles are just part of that machinery. And they all interact with one another in a variety of ways. Most people operating in a complex industry understand that there is a lot going on behind the scenes that affects the ultimate outcome of the manufacturing process or service generation. Investment management is the same. Chains of Finance is part of a growing literature in the social studies of finance that highlights that investment is an interactive social process, not a cut and dried application of some algorithm, even when it is promoted as a computer-driven, machine only exercise. Please listen to my interview with one of the authors, Philip Grant, here.... Daniel Peris is Senior Vice President at Federated Investors in Pittsburgh. Trained as a historian of modern Russia, he is the author most recently of Getting Back to Business: Why Modern Portfolio Theory Fails Investors. You can follow him on Twitter @Back2BizBook or at http://www.strategicdividendinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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China Comes to Town: Chinese Investment and Local Politics in the U.S. with Emily Conrad

China Comes to Town: Chinese Investment and Local Politics in the U.S. with Emily Conrad

Chinese investment in the United States has become an increasingly contentious issue that is much more complicated than headlines suggest. In this episode, we reflect on recent debates in Michigan’s d...

21 Elo 50min

A Succinct View of How AI is Changing Business and Work Right Now

A Succinct View of How AI is Changing Business and Work Right Now

Does it seem like the business world is in its own version of an arms race to figure out AI? It’s a moment when even a little wisdom, grounded in experience and expertise, provides relief. But how d...

20 Elo 28min

Nancy Folbre, "Making Care Work: Why Our Economy Should Put People First" (U California Press, 2026)

Nancy Folbre, "Making Care Work: Why Our Economy Should Put People First" (U California Press, 2026)

A bold critique of conventional economics that reveals why the time and money we devote to care work is vital to our economic future. Our economy is much bigger than the dollar value of things we b...

19 Elo 47min

Oli Mould, "Postcapitalist cities: Towards a common urban future" (Manchester UP, 2026)

Oli Mould, "Postcapitalist cities: Towards a common urban future" (Manchester UP, 2026)

What is the future for cities? In Postcapitalist Cities: Towards a common urban future (Manchester University Press, 2026) Oli Mould, a Professor of Cultural and Historical Geography at Royal Holloway...

9 Elo 40min

Andres Saenz de Sicilia, "Subsumption in Kant, Hegel and Marx: From the Critique of Reason to the Critique of Society" (Brill, 2024)

Andres Saenz de Sicilia, "Subsumption in Kant, Hegel and Marx: From the Critique of Reason to the Critique of Society" (Brill, 2024)

Subsumption in Kant, Hegel and Marx: From the Critique of Reason to the Critique of Society is the latest book from Dr Andres Saenz De Sicilia, an Assistant Professor of Philosophy at Northeastern Uni...

7 Elo 44min

Joe Ngai and Nick Leung, "The Next China Is Still China: An Insider's Playbook for Winning in the New Era" (Scribner, 2026)

Joe Ngai and Nick Leung, "The Next China Is Still China: An Insider's Playbook for Winning in the New Era" (Scribner, 2026)

What’s going on in the Chinese economy? China reported GDP growth of just 4.3% last quarter. Consumption is sluggish, exports are booming, electronics manufacturers and chipmakers are reporting huge p...

30 Heinä 56min

Robert Lee Maril, "Hungry Oklahoma: Confronting Poverty and Food Insecurity" (U Oklahoma Press, 2026)

Robert Lee Maril, "Hungry Oklahoma: Confronting Poverty and Food Insecurity" (U Oklahoma Press, 2026)

In Oklahoma, one out of every six residents is poor. One in five children lives in poverty and faces food insecurity. In Hungry Oklahoma: Confronting Poverty and Food Insecurity (U Oklahoma Press, ...

30 Heinä 35min

Adam Y. Liu, "Authoritarian Markets: The Politics of China's Banking Explosion" (Cornell UP, 2026)

Adam Y. Liu, "Authoritarian Markets: The Politics of China's Banking Explosion" (Cornell UP, 2026)

Authoritarian Markets explores the political foundations of China's banking boom and its far-reaching impact on the Chinese economy. In 1978 China had no commercial banks. Today it commands the wor...

28 Heinä 57min

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