Books published in 2013

Books published in 2012

Björn Wahlroos

Markets and Democracy: Exiting the Tyranny of the Majority
(Markkinat ja demokratia. Loppu enemmistön tyrannialle)

In the wake of the Great Financial Panic of 2008 and the subsequent Euro debt crisis, the role of global financial markets came under renewed and mostly adversarial scrutiny. Should markets really rule such a large portion of our lives? And when it comes to a showdown, when markets lose their faith in debt-laden governments or badly managed companies, should they always have the final say? My own take on the matter, says Björn Wahlroos, is that the global market economy, far from collapsing or even much misbehaving during the crises, did in fact perform rather well and proved its tenacity and versatility.

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