09 November 2016

What they Do with your Money

How the financial System Fails us and How to Fix it

Stephen Davis, Jon Lukomnik and David Pitt-Watson
2016, Yale University Press, 256 pages,
ISBN 9780300194418

Reviewer: Vicky Pryce, Board member of CEBR

I first met David Pitt-Watson when I was helping to create Good Corporation, a company focussing on corporate social responsibility and he was running the Hermes shareholder activist funds in Europe. He brings huge amount of practical experience of the asset management sector.

This book with his academic co-authors is persuasive and at the same time deeply worrying. We spend too much…

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