{"title":"The Problem of Twelve: When a Few Financial Institutions Control Everything","authors":"Eric A. Posner","doi":"10.1257/jel.62.1.317.r2","DOIUrl":null,"url":null,"abstract":"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.”","PeriodicalId":509385,"journal":{"name":"Journal of Economic Literature","volume":"300 ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Economic Literature","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1257/jel.62.1.317.r2","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
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.”
芝加哥大学的 Eric A. Posner 评论约翰-科茨（John Coates）所著的《十二的问题：当少数金融机构控制一切》，作者约翰-科茨。这本书的 Econlit 摘要开头写道"探讨了当少数行为者获得对一个国家的政治和经济施加超乎寻常的影响力的手段时所产生的问题，尤其关注了指数基金和私募股权基金这两个二十世纪后期的机构"。
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