The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations

by Donald Chew

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...

• Format: Hardcover
• Language: English
• ISBN: 0231211104
• ISBN13: 9780231211109
• Release Date: February 2025
• Publisher: Columbia Business School Publishing
• Length: 328 Pages