“Capital and Culture: National Visions of Financial Order” - Kim Pernell, Visions of Financial Order: National Institutions and the Development of Banking Regulation (Princeton, Princeton University Press, 2024, 320 p.)

Key Points

• The aim is to understand how national visions influence the development and regulation of financial systems.
• Analytical approach to compare national institutions
• Historical analysis of banking regulation
• Case studies of different cultural contexts
• Identified distinct national approaches to banking regulation
• Showed the influence of cultural values on financial systems
• Highlighted the interplay between capital and cultural norms