Monetary economics Books
Oxford University Press Macro Markets
Book SynopsisMacro Markets puts forward a unique and authoritative set of detailed proposals for establishing new markets for the management of the biggest economic risks facing society. Our existing financial markets are seen as being inadequate in dealing with such risks and Professor Shiller suggests major new markets as solutions to the problem. Shiller argues that although some risks, such as natural disaster or temporary unemployment, are shared by society, most risks are borne by the individual and standards of living determined by luck. He investigates whether a new technology of markets could make risk-sharing possible, and shows how new contracts could be designed to hedge all manner of risks to the individual''s living standards. He proposes new international markets for perpetual claims on national incomes, and on components and aggregates of national incomes, concluding that these markets may well dwarf our stock markets in their activity and significance. He also argues for new liquiTrade ReviewThe book is fresh, provocative, well written, and well argued. I recommend it not only to financial and macro-economists, but to the larger economic community interested in the character and costs of business cycles. * Journal of Economic Literature *[This] book, unique in its approach...offers an unusual combination of passionate advocacy with precise theoretical reasoning...this book will focus the attention of economists on the idea of constructing risk markets and probably recruit not a few to Schiller's active programme of market creation. * The Economic Journal economists *Table of Contents1. Introduction ; 2. Psychological Barriers ; 3. Mechanisms for Hedging Long Streams of Income ; 4. National Income and Labour Income Markets ; 5. Real Estate and Other Markets ; 6. The Construction of Index Numbers for Contract Settlement ; 7. Index Numbers: Issues and Alternatives ; 8. The Problem of Index Revisions ; 9. Making It Happen ; Notes ; References ; Author Index ; Subject Index
£42.74
Oxford University Press, USA Financial Economics
Book SynopsisFinancial economics is an exciting new field of study that integrates the theory of finance and financial institutions into the main body of economic theory. In doing so, it draws on insights from general equilibrium analysis, information economics, and the theory of contracts. Financial Economics is a self-contained and comprehensive introduction to the field for advanced undergraduate and postgraduate economists and finance specialists. It develops the main ideas in finance theory, including the CAPM, arbitrage pricing, option pricing, and the Modigliani-Miller theorem within an economic framework. Students of economics are shown how finance theory derives from foundations in economic theory, while students of finance are given a firmer appreciation of the economic logic underlying their favourite results. Financial Economicsprovides all the technical apparatus necessary to read the modern literature in financial economics and the economics of financial institutions. The book is selfTable of ContentsINTRODUCTION ; PART I. SYMMETRIC INFORMATION: FINANCIAL MARKETS ; PART II. ASYMMETRIC INFORMATION: FINANCIAL CONTRACTS ; REFERENCES ; INDEX
£61.75
OUP Oxford European Monetary and Fiscal Policy
Book SynopsisThis textbook offers a fresh and comprehensive examination of European monetary and fiscal policy in the third stage of Economic and Monetary Union (EMU).Professors Eijffinger and de Haan give a brief history of European economic integration before the transition to EMU, and continue with a comprehensive analysis of institutions, legislation, and policies. Their analysis includes the functions and goals of the European Central Bank, the Treaty on European Union, the Stability and Growth Pact, and the harmonization of taxes. Other topics discussed include the targets and instruments of European monetary policy, the integration of Europeanfinancial markets, and the competition between financial institutions in Europe.Trade Review"This book is an excellent, theoretically sound and politically relevant reader", Professor Wolfschaefer, Universitat des Bundeswehr, Hamburg"Up to date complete overview of European monetary and fiscal policy issues. Highly readable, good mix of theory and data""I think the book contains a wealth of useful, precise information, presented in a straightforward, readable way in a quintessentially comparative perspective", Dr M Mclean, Royal Holloway University"Excellent treatment - quite comprehensive, full references, accessible for non-economists", Charlotte Bretherton, Liverpool John Moores Univesity"A useful addition to student literature", MJ Macmillan, Exeter University'This is a top class book and does not limit itself to assessing the adequacy of the European political economy to the precepts of advanced monetary economics...This book is an excellent tool for teaching EMU economics, and raising the level of EMU economics in the reaserch-field of international political economy. Students and scholars will appreciate the explicit assessment the authors make of complex economic issues, and their unbiased stance in the study of EMU economic and political interplay.' Miriam L.Campamella, Jean Monnet Professor, Faculty of Political Science, University of Turin. ECSA Review, Winter 2001Table of ContentsIntroduction ; 1. European Monetary Integration ; 2. EMU and the European (system of) Central Bank ; 3. European Monetary Policy ; 4. National Fiscal Policy in EMU ; 5. European Fiscal Policy ; 6. Financial Integration and Financial Market Structure ; 7. EMU and International Policy Co-ordination
£69.34
Oxford University Press, USA Monetary Policy Implementation Theory Past and Present
Book SynopsisThe first of its kind, this book is entirely dedicated to the implementation of monetary policy. Monetary policy implementation has gone through tremendous changes over the last twenty years, which have witnessed the quiet end of ''reserve position doctrine'' and the return of an explicit focus on short-term interest rates. Enthusiastically supported by Keynes and later by the monetarist school, reserve position doctrine was developed mainly by US central bankers and academics during the early 1920s, and at least in the US became the unchallenged dogma of monetary policy implementation for sixty years. The return of interest rate targeting also corresponds largely to the restoration of central banking principles established in the late 19th century.Providing a simple theory of monetary policy implementation, Bindseil goes on to explain the role of the three main instruments (open market operations, standing facilities, and reserve requirements) and reviews their use in the twentieth century. In closing, he summarizes current views on efficient monetary policy implementation.Table of ContentsPreface ; 1. Monetary policy implementation within the theory of monetary policy ; 2. The central bank balance sheet and the quantity side of monetary policy implementation ; 3. The control of short-term interest rates: a simple model ; 4. Standing facilities ; 5. Open market operations ; 6. Reserve requirements ; 7. Practice of monetary policy implementation in the 20th century ; 8. From the old to the new view on monetary policy implementation
£130.50
Oxford University Press The Adaptive Markets Hypothesis
Book SynopsisThe Adaptive Markets Hypothesis (AMH) presents a formal and systematic exposition of a new narrative about financial markets that reconciles rational investor behaviour with periods of temporary financial insanity. In this narrative, intelligent but fallible investors learn from and adapt to randomly shifting environments. Financial markets may not always be efficient, but they are highly competitive, innovative, and adaptive, varying in their degree of efficiency as investor populations and the financial landscape change over time.Andrew Lo and Ruixun Zhang develop the mathematical foundations of the AMH--a simple yet surprisingly powerful set of evolutionary models of behaviour--and then apply these foundations to show how the most fundamental economic behaviours that we take for granted can arise solely through natural selection. Drawing on recent advances in cognitive neuroscience and artificial intelligence, the book also explores how our brain affects economic and financial decis
£23.75
The University of Chicago Press Europe and the Euro NBER National Bureau of
Book SynopsisLooks at the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and, whether the single currency has induced convergence or divergence in the economic performance of member countries. This title focuses on both the first ten years of the euro and the workings of a monetary union.
£110.00
The University of Chicago Press Strained Relations US ForeignExchange Operations
Book SynopsisConsiders how foreign-exchange intervention was affected by changing economic and institutional circumstances - most notably the abandonment of the international gold standard - and how political and bureaucratic factors affected this aspect of public policy.
£79.80
University of Chicago Press Money History International Finance Essays in
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£171.77
The University of Chicago Press Economy of Words
Book SynopsisWorking at the intersection of anthropology, linguistics, and economics, the author shows how central bankers have been engaging in communicative experiments that predate the financial crisis and continue to be refined amid its unfolding turmoil - experiments that do not merely describe the economy, but actually create its distinctive features.Trade Review"This remarkable ethnography of monetary policy making by central bankers, and the academics with whom they engage intellectually, sets a new standard for the anthropology of finance. Up to now, we have lacked a careful, detailed account of how economic facts are performed that is rigorous and empirical enough to convince those whose intellectual propensities lie elsewhere. Economy of Words is such a book." (Annelise Riles, author of Collateral Knowledge)"
£76.00
The University of Chicago Press Economy of Words
Book SynopsisWorking at the intersection of anthropology, linguistics, and economics, the author shows how central bankers have been engaging in communicative experiments that predate the financial crisis and continue to be refined amid its unfolding turmoil - experiments that do not merely describe the economy, but actually create its distinctive features.Trade Review"This remarkable ethnography of monetary policy making by central bankers, and the academics with whom they engage intellectually, sets a new standard for the anthropology of finance. Up to now, we have lacked a careful, detailed account of how economic facts are performed that is rigorous and empirical enough to convince those whose intellectual propensities lie elsewhere. Economy of Words is such a book." (Annelise Riles, author of Collateral Knowledge)"
£24.70
The University of Chicago Press Assest Price and Monetary Policy NBER National
Book SynopsisEconomic growth, low inflation, and financial stability are among the goals of policy makers, and central banks such as Federal Reserve are key institutions for achieving these goals. This title examines how central bankers determine their policy prescriptions with reference to the fluctuating housing market, and balance of debt and credit.
£90.25
The University of Chicago Press The International Transmission of Inflation Paper
Book SynopsisInflation became the dominant economic, social, and political problem of the industrialized West during the 1970s. This book is about how the inflation came to pass and what can be done about it. Certain to provoke controversy, it is a major source of new empirical information and theoretical conclusions concerning the causes of international inflation. The authors construct a consistent data base of information for eight countries and design a theoretically sound model to test and evaluate competing hypotheses incorporating the most recent theoretical developments. Additional chapters address an impressive variety of issues that complement and corroborate the core of the study. They answer such questions as these: Can countries conduct an independent monetary policy under fixed exchange rates? How closely tied are product prices across countries? How are disturbances transmitted across countries? The International Transmission of Inflation is an important contribution to international
£175.45
The University of Chicago Press Financing Corporate Capital Formation NBERProject
Book SynopsisSix leading economists examine the financing of corporate capital formation in the U.S. economy. In clear and nontechnical terms, their papers provide valuable information for economists and nonspecialists interested in such questions as why interest rates are so high, why corporate debt has accelerated in recent years, and how government debt affects private financial markets. Addressing these questions, the contributors focus chiefly on three themes: the actual use of debt and equity financing by corporations in recent years; the factors that drive the financial markets' pricing of debt and equity securities; and the relationship between corporations' real investment decisions and their financial decisions. While some of the papers are primarily expository, others break new ground. Extending his previous work, Robert Taggart finds a closer relationship between corporate and government debt than has been supposed. Zvi Bodie, Alex Kane, and Robert McDonald conclude intheir study that t
£43.48
University of Chicago Press Changes in Exchange Rates in Rapidly Developing
Book SynopsisThis volume explores the impact of diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia.
£97.00
The University of Chicago Press Monetary Policy
Book SynopsisDiscusses applied aspects of monetary policy, with practical research on the timing, magnitude, and channels of central bank actions. The authors evaluate a variety of policy rules based on monetary aggregates, nominal income, and commodity prices, analyzing the behaviour of prices and inflation.Table of ContentsAcknowledgments Introduction by N. Gregory Mankiw 1: The Use of a Monetary Aggregate to Target Nominal GDP Martin Feldstein, James H. Stock. 2: Nominal Income Targeting Robert E. Hall, N. Gregory Mankiw. 3: Nonstandard Indicators for Monetary Policy: Can Their Usefulness Be Judged from Forecasting Regressions? Michael Woodford 4: On Sticky Prices: Academic Theories Meet the Real World Alan S. Blinder 5: What Determines the Sacrifice Ratio? Laurence Ball 6: Measuring Core Inflation Michael F. Bryan, Stephen G. Cecchetti. 7: Monetary Policy and Bank Lending Anil K. Kashyap, Jeremy C. Stein. 8: Historical Perspectives on the Monetary Transmission Mechanism Jeffrey A. Miron, Christina D. Romer, David N. Weil. 9: Federal Reserve Policy: Cause and Effect Matthew D. Shapiro Contributors Author Index Subject Index
£25.65
The University of Chicago Press Currency Statecraft Monetary Rivalry and
Book SynopsisAt any given time, a limited number of national currencies are used as instruments of international commerce, to settle foreign trade transactions or store value for investors and central banks. How countries whose currenciesgaininternational appeal choose to use this status forms their strategy of currency statecraft. In different circumstances, issuing governments may welcome and promote the internationalization of their currency, tolerate it, or actively oppose it. Benjamin J. Cohen offers a provocative explanation of the strategic policy choices at play. In a comprehensive review that ranges from World War II to the present, Cohen convincingly argues that one goal stands out as the primary motivation for currency statecraft: the extent of a country's geopolitical ambition, or how driven it is to build or sustain a prominent place in the international community. When a currency becomes internationalized, it generally increases the power of the nation that produces it. In the per
£76.00
The University of Chicago Press Currency Statecraft Monetary Rivalry and
Book Synopsis
£22.80
The University of Chicago Press Japanese Monetary Policy NBERProject Reports
Book SynopsisHow has the Bank of Japan (BOJ) helped shape Japan's economic growth during the past two decades? This book comprehensively explores the relations between financial market liberalization and BOJ policies and examines the ways in which these policies promoted economic growth in the 1980s. The authors argue that the structure of Japan's financial markets, particularly restrictions on money-market transactions and the key role of commercial banks in financing corporate investments, allowed the BOJ to influence Japan's economic success. The first two chapters provide the most in-depth English-language discussion of the BOJ's operating procedures and policymaker's views about how BOJ actions affect the Japanese business cycle. Chapter three explores the impact of the BOJ's distinctive window guidance policy on corporate investment, while chapter four looks at how monetary policy affects the term structure of interest rates in Japan. The final two chapters examine the overall effect of monetTable of ContentsIntroduction Kenneth J. Singleton 1 A Comparative Perspective on Japanese Monetary Policy: Short-Run Monetary Control and the Transmission Mechanism Kazuo Ueda 2 Market Operations in Japan: Theory and Practice Kunio Okina 3 Japanese Corporate Investment and Bank of Japan Guidance of Commercial Bank Lending Takeo Hoshi, David Scharfstein, and Kenneth J. Singleton 4 The Interest Rate Process and the Term Structure of Interest Rates in Japan John Y. Campbell and Yasushi Hamao 5 Monetary Policy and the Real Economy in Japan Hiroshi Yoshikawa 6 An Aggregate Demand-Aggregate Supply Analysis of Japanese Monetary Policy, 1973-1990 Kenneth D. West
£67.01
University of Chicago Press Easy Money American Puritans and the Invention
Book SynopsisTrade Review"Easy Money provides an engrossing narrative account of this lesser-known crucible. Although scholarship about the first American colonies could fill the Mayflower, Mr. Goldberg’s chronicle is the first book-length attempt to explain why a defining concept in our global financial system emerged within a desperate theocracy on the fringes of the British Empire." * The Wall Street Journal *"Easy Money, grounded in a doctoral dissertation and nine publications, will become an instant classic. Lucid, arresting, and free of jargon, it is accessible to general readers and scholars . . . Essential." * Choice *"Easy Money is a major contribution to North Atlantic monetary history...The book pulls off a neat trick by being very engaging for economic historians and at the same time accessible to a broad audience." * EH.Net *"Paper money and legal tender clauses did not emerge in a vacuum. Easy Money tells how exigencies, forethoughts, and experiments combined to make an early paper money sustainable and valuable—at least for a while. Full of insights about the 21st century brought from carefully interpreting 17th century events, Easy Money is a fascinating mixture of American political, economic, and intellectual history that is sharply focused on how paper money was invented and implemented." -- Thomas Sargent | New York University | recipient of 2011 Nobel Prize in Economics“Skillfully assembling a large body of evidence in this ambitious work, Goldberg has woven a complex, yet accessible narrative about an important event in monetary history, which tackles important questions such as: How does money evolve? What explains the timing, location, and form of monetary invention? And why Massachusetts?” -- Jane Knodell | University of Vermont“It is often said that money is a social construct. But few of us take the time to painstakingly chronicle the political, economic, and social processes by which it is constructed. In Easy Money, Dror Goldberg traces the story of modern legal tender currency back to its 17th century Transatlantic roots and the upstart colony of Massachusetts. It is a story of war, politics, law, religion, and circumstance in which necessity reveals itself as the mother of monetary invention. It is also a story with important lessons for the future of money.” -- Dan Awrey | Cornell University“Easy Money is the story of one of history’s great inventions in a depth that no one has done before. The outlines of this story have been known for quite a while, but no one has explained in Goldberg’s rich detail how the 1690-1692 innovation happened when and where it did.” -- Richard Sylla | New York UniversityTable of ContentsPreface Part I. IntroductionsChapter 1. Introduction to the BookChapter 2. Money and Its Inventions: Theoretical ConsiderationsChapter 3. England in the Late Sixteenth CenturyChapter 4. English Developments, 1584–1692 Part II. The AtlanticChapter 5. Before 1630: Harvesters of MoneyChapter 6. The Puritan Exodus, 1629–1640: General FeaturesChapter 7. Massachusetts Takes the Monetary Lead, 1630–1640Chapter 8. A New Hope, 1640–1660Chapter 9. The Empire Strikes Back, 1660–1686Chapter 10. Governments and Paper Money Projects, 1685–1689Chapter 11. The Massachusetts Legislator: The Case of Elisha HutchinsonChapter 12. The Return of the General Court, 1689–1690Summary of Part II Part III. A Monetary RevolutionChapter 13. The Legal Tender Law, 1690Chapter 14. Aftermath, 1691–1692Chapter 15. Back to England’s Financial Revolution, 1692–1700Chapter 16. AnalysisChapter 17. ConclusionNotesReferencesIndex
£39.60
Bloomsbury Publishing PLC Macroeconomics
Book SynopsisNils Gottfries is a Professor of Economics at Uppsala University, Sweden and former editor of The Scandinavian Journal of Economics. He has published extensively in journals including the QJE, JPE, EJ, EER. Most of his research has been concerned with the microeconomic foundations of macroeconomics, particularly the theory of the supply side: prices, wages, and unemployment. He was a member of the Swedish commission on the EMU. He has been teaching macroeconomics regularly at the intermediate and graduate levels.Trade ReviewNils Gottfries's thoughtful, consistent and lucid exposition breathes fresh air into a macroeconomics textbook. It balances descriptive realism with conceptual coherence judiciously, and its application of principles to the experiences of many countries over many decades is very welcome. * John Driffill, Birkbeck, University of London, UK *This is a great book. It uses a consistent theory throughout, explains it well, and does a tremendous job in confronting theory with data. * Steinar Holden, University of Oslo, Norway *Instead of presenting macroeconomics as separate pieces linked in an ad hoc way, Gottfries presents a consistent approach. This, in addition to the distinctly international approach to economic data and examples, will make the book very attractive to lecturers and to their students. * M.A. (Martin) van Tuijl, Tilburg University, the Netherlands *This is a superb book! It contains a rigorous treatment of the New Keynesian model combined with illustrative examples and interesting policy discussions. Students will find the book well-written and easily accessible. * Fredrik NG Andersson, Lund University, Sweden *This book is an excellent and innovative new textbook for intermediate macroeconomics, where conventional macroeconomics is explained with a deeper emphasis on the role of microfoundations. This allows students to be exposed to modern macroeconomic analysis in a rigorous yet still accessible way. * Gianluigi Vernasca, University of Essex, UK *Table of ContentsIntroduction PART I: THE LONG RUN Production, Prices and the Distribution of Income Interest Rates and Investment Consumption and the Natural Rate of Interest Capital Accumulation and Growth Wage Setting and Unemployment Money and Inflation in the Long Run PART II: THE SHORT RUN The Interest Rate and Production in the Short Run Economic Activity and Inflation in the Short Run PART III: ECONOMIC POLICY Monetary Policy Fiscal Policy PART IV: THE OPEN ECONOMY Exports, Imports, and International Financial Markets The Open Economy in the Long Run The Open Economy in the Short Run Exchange Rate Systems and Monetary Union PART V: BUSINESS CYCLES, POLICYMAKING, FINANCIAL MARKETS Business Cycles Institutions and Economic Policy Financial Markets.
£71.24
Palgrave Macmillan Monetary Economics An Integrated Approach to
Book SynopsisLocating literature at the intersection of distinct areas of thinking on the nature, scope and methods of knowledge philosophy, theology, science, and the law this book engages with literary texts across periods and genres to address questions of probability, problems of evidence, the uses of experiment and the poetics and ethics of doubt.Trade Review'The framework that Godley and Lavoie develop, with a consistent numerical and simulational handle on the various models, is a return to a majestic Wicksellian tradition A whole generation of graduate students have been brought up on policy nihilism, bordering on paralysis in the face of policy dilemmas. A new generation, armed with the tools, concepts and models developed by Godley and Lavoie, can now return to the grand traditions of macroeconomics as an experimental science, focusing on policy.' - K. Vela Velupillai, Fellow, Girton College, Cambridge, UK, and Professor of Economics, University of Trento, Italy 'Wynne Godley has been the moving force behind keeping quantitative non-mainstream macroeconomics alive and flourishing for the last several decades...His work is inspiring, and will guide policy-oriented macroeconomic modellers for decades to come.' - Lance Taylor, Cambridge Journal of Economics '...[This] clearly deserves to become a standard reference for everybody interested in SFC modelling in particular and modern macroeconomics in general. There are already first signs that other economists are indeed inspired by this way of thinking about the economy...' - Till van Treeck, Intervention, European Journal of Economics and Economic PoliciesTable of ContentsIntroduction Balance Sheets, Transaction Matrices and The Monetary Circuit The Simplest Model with Government Money Government Money with Portfolio Choice Long-Term Bonds, Capital Gains and Liquidity Preference Introducing the Open Economy A Simple Model with Private Bank Money Time, Inventories, Profits and Pricing A Model with Private Bank Money, Inventories and Inflation A Model with both Inside and Outside Money A Growth Model Prototype Open Economy with Flexible Prices and Exchange Rates General Conclusion
£89.99
Columbia University Press The Gold Standard at the Turn of the Twentieth
Book SynopsisTrade ReviewA welcome addiction to the work focusing on experience outside the European core to the gold standard world. -- Kenneth Moure Journal of World HistoryTable of ContentsList of Tables Acknowledgments Introduction: Pasts Imperfect Part I. Gold and the Late Nineteenth-Century World 1. The Late Nineteenth-Century World 2. National and International Money 3. Nations and Gold Part II. Industry and Argentine Money 4. Gold and Industrial Developmentalism 5. Strange Bedfellows 6. Law 3871 and the Gold Standard Part III. The Meiji Gold Standard 7. The Meiji Gold Standards 8. Industry and the Economic Uses of Gold 9. Empire and the Political Uses of Gold Epilogue: The Rules of Globalization Notes References Index
£54.40
Columbia University Press Capital of Capital Money Banking and Power in New
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£57.00
Columbia University Press The Evolution of Money
Book SynopsisThe Evolution of Money illuminates money's elastic nature, focusing on the tension between currency's real and abstract properties and advancing a vital theory of money. From ancient Mesopotamia to the digital era, The Evolution of Money helps us visualize and strategize money's next, transformative role.Trade ReviewEven though money is something we all use every day, talking about it, defining it, and explaining are extremely arcane things to do. The tone is important, and The Evolution of Money goes about its task in a readable, breezy style that does not become glib. -- Paul Vigna, coauthor of The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order Money, religion, and government are the three ubiquitous and eternal human institutions. This important new book gives money a voice in the past, present, and future of human history. -- Parag Khanna, author of Connectography: Mapping the Future of Global Civilization Orrell and Chlupaty tackle two of the toughest questions in economics: What is money, and why does it have value? They present an intriguing definition of money and theory of money's value and a long history of money, weaving references through that history to current issues and dilemmas facing our society. -- Michael Kelly, Lafayette College A must-read for those who want to understand how money plays an even more important role in an exponentially changing digital society. -- Jan Muehlfeit, former chairman of Microsoft Europe The Evolution of Money is a masterpiece. It is rich in content and contains historical breadth-from prehistory (origins) to the future (utopia)-and analytical depth. Perhaps most remarkable, David Orrell and Roman Chlupaty have produced an economics book on money that is elegantly written. It is a work of great erudition that is mercifully free from jargon, sound bites, or obfuscations. Why can't all economists write like this? -- Jean-Pierre Lehmann, International Institute for Management Development, Lausanne We may think we know what money is, but Orrell and Chlupaty prove that we don't. They take us on a rich and stimulating journey through history and various fields including economics, physics, philosophy, and psychology to reveal the complex nature of money - its "quantum nature" consisting of both physical and virtual properties. The authors are at the very forefront of the economic revolution that they predict, leading us through a very enjoyable read that decodes what money is and what it is evolving to be. -- Ted Cadsby, author, Closing the Mind Gap: Making Smarter Decisions in a Hypercomplex World [Orrell and Chlupaty] show how money's increasingly elastic nature over the years has made the sharing economy and companies like Uber and Airbnb more effective. -- Harvey Schachter The Globe and MailTable of ContentsAcknowledgments Introduction 1. Origins 2. The Money Magnet 3. Virtual Money 4. New World 5. A Wonderful Machine 6. The Money Power 7. Solid Gold Economics 8. New Money 9. Changing the Dominant Monetary Regime, Bit(coin) by Bit 10. Utopia Notes Bibliography Index
£25.50
Columbia University Press Data Money
Book SynopsisIn this groundbreaking ethnographic analysis of crypto economies and their global markets and communities, Koray Caliskan offers an inside view of how cryptocurrencies are made and traded.Trade ReviewWith impressive clarity—drawing from striking interviews, fieldwork, and big data analysis—Data Money develops a pioneering analysis of cryptocurrencies, while transcending disciplinary boundaries and setting a new agenda for future research. Thank you, Koray Caliskan, for helping us make sense of the social world of money in the twenty-first century! -- Viviana A. Zelizer, author of The Social Meaning of Money and Economic Lives: How Culture Shapes the EconomyData Money offers a novel, surprising, and persuasive account of the nature and development of cryptocurrencies. Drawing on extensive research among those who design, manage, and use them, the book combines a brilliant account of a social world seen from the inside with a perceptive analysis of how these new forms of money work. -- Timothy Mitchell, author of Carbon Democracy: Political Power in the Age of OilData Money is essential reading for anyone who wants to understand the new world of cryptocurrencies. Caliskan has a genuine insider's understanding of that world, and writes about it with verve and insight. His book is a vitally important contribution by one of the most exciting scholars in the new generation of economic sociologists. -- Donald MacKenzie, author of Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial MarketsA well-articulated take on a particularly obtuse subject. * Publishers Weekly *Table of ContentsTables and FiguresAcknowledgments1. The Historical Novelty of Data Money and Its Makers, Markets, and Regulation2. The Materiality of Data Money and the Infrastructure and Taxonomy of Blockchains3. Understanding Cryptocurrency Exchange Platforms and Markets4. Global Cryptocurrency Communities as Data Money Makers5. The Emergence and Demise of a Cryptocurrency Community6. A New Framework for Cryptocurrency Taxation and Exchange Platform Regulation7. What Is to Be Done with Crypto Economies?NotesBibliographyIndex
£80.00
Columbia University Press Money and Promises
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£22.50
Penguin Books Ltd The Great Crashes
Book Synopsis''A masterclass in spotting the early signs of a crisis'' Nouriel Roubini''This is the historical perspective we need'' John Kay''A first point of entry for anybody who wants to learn how the world sleep-walked into multiple crashes'' Daron Acemoglu''Fascinating, well-written and authoritative'' Tim Harford-----------------------------------------------------------------The global economy has weathered the most tumultuous century in modern financial history. Since the Wall Street Crash in 1929, financial meltdowns have repeatedly sent shockwaves through our world. From the currency crises of the 1980s and 1990s, to Japan''s housing crash, the dot com boom and bust, the global financial meltdown, the euro crisis and the COVID pandemic, The Great Crashes tells the stories of ten of these historic events. They serve as a series of cautionary tales, each with their own set of lessons to be lTrade ReviewThe perfect primer on the worst economic disasters of the past 100 years * The Times *Engrossing... [one of] the 75 best books for summer 2023 * Daily Telegraph *Linda Yueh's new book [is] almost alarmingly timely, as if she were tanking the global economy as the mother of all guerrilla marketing stunts * Guardian *Best new books on economics: An important book to keep us all on our toes when complacency starts to creep in, again * Financial Times *Cogent analysis * Times Literary Supplement *Linda Yueh's analysis of what past financial crises have in common is an important contribution that can help society anticipate and tackle potential crashes in the future -- Christine Lagarde * President of the European Central Bank and former Managing Director of the International Monetary Fund, 2011-2019 *Fascinating, well-written and authoritative * Tim Harford *A first point of entry for anybody who wants to learn how the world economy sleep-walked into multiple crashes over the last century -- Daron Acemoglu * Institute Professor at MIT, and author of Why Nations Fail *An accessible and insightful overview of modern financial crises, incorporating both historical detail and thoughtful analysis -- Kenneth Rogoff * Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University, and former Chief Economist of the International Monetary Fund *Linda provides many with a very readable summary of all the great crises, but also more importantly derives the big lessons and how to have a better policy framework to avoid getting caught up in too much " this time it is different" when the next big risks appear -- Lord Jim O'Neill * Author of The Growth Map and former Chairman of Goldman Sachs Asset Management *A masterclass in spotting the early signs of a crisis. Linda Yueh expertly shows how we can understand these crashes better when they occur and even prevent them from happening in the future. A accessible yet rich study of our most turbulent economic years -- Nouriel Roubini * author of Megathreats *This well-written book draws out the many different ways in which markets can crash and she's willing to chance her arm predicting the next one -- Sir Vince Cable * author of How to be a Politician and former UK Secretary of State for Business, Energy and Industrial Strategy, 2010-2015 *A timely and instructive book on the big financial and economic crashes. It comes in the midst of a global polycrisis that threatens the economic and social well being of all especially the World's poorest citizens. Linda Yueh makes a heroic effort to tease out lessons fundamental to managing future crises. The question is: Will we learn? -- Dr Ngozi Okonjo-Iweala * Director-General of the World Trade Organization (WTO) and former Finance Minister of Nigeria, 2003-2006 and 2011-2015 *Troubled times call for a historical perspective and this is the historical perspective we need -- John Kay * author of Radical Uncertainty and former member of the Independent Commission on Banking of the UK Government, 2010-2011 *Demonstrates how that old saying - "this time is different" - is both so true and so wrong! -- Lord Stephen Green * former CEO and Chairman of HSBC and UK Minister of State for Trade and Investment, 2011-2013 *Crashes are an integral part of the history of capitalism. The last century has seen plenty of them. All crashes begin with debt-fuelled euphoria and end in disappointment. Yet how bad that disappointment turns out to be also depends on where in the economy the crash falls and how determined and credible are the responses. In this lively and blessedly brief book, Linda Yueh does a lovely job of explaining the history and drawing the necessary lessons -- Martin Wolf * Chief Economics Commentator, Financial Times *This excellent overview identifies the ingredients that are specific to each crisis and common to all. She provides a lucid assessment of the efficacy of policy responses, high-lighting credibility as a necessary condition for successful resolution -- Lord Nick McPherson, * former Permanent Secretary of the UK Treasury, 2005-2016, and Chairman of C. Hoare & Co. *"Why did nobody notice?" Was the question the Queen asked about the 2008 financial crisis. It was a good question. All financial crises and crashes have their own characteristics but they also often involve certain common features:- Irrational exuberance, Speculative frenzy, Greed and over confidence usually supported by high levels of gearing.Linda Yueh's new book will be a timely reminder to governments and regulators of the warning signs of future crises -- Lord Norman Lamont * former Chancellor of the Exchequer, 1990-1993 *Timely, entertaining and full of useful insights -- Gideon Rachman * Chief Foreign Affairs Commentator, Financial Times *Renowned economist Dr Linda Yueh looks at past financial crashes - from the Wall Street Crash to the dot com boom and bust and the Covid pandemic - to explore what we can learn from them in this entertainingly written book. * i, Best New Books in May *Entertaining, well-written . . . [Yueh] has come up with a three-step framework to help spot when financial problems are brewing and identifies where the next may occur. -- Ben Wright * Telegraph *A gifted writer (een begenadigd schrijver) * De Telegraaf *
£13.53
Dorling Kindersley Ltd Simply Economics
Book SynopsisUnderstanding economics has never been easier!Want to learn more about Economics but simply don''t know where to start? Don''t worry - DK has got you covered!Simply Economics is the perfect introduction to the subject for those who are short of time but hungry for knowledge. Covering more than 120 key economic terms and ideas from scarcity to stocks and shares, this excellent economics books explains the key concept more clearly than ever before. Organized by major themes - Foundations of economics, Economies in action, Choices and Consequences, Markets, International Trade, and Finance - entries demystify the groundbreaking ideas of famous economists from Adam Smith to John Maynard Keynes, Joseph Schumpeter to Milton Friedman, explaining the essentials of each key economics school and theory.Dive straight in to discover:- All of the basic covering all of the different schools of economics- Simple, easy-to-understand graphics
£9.99
Penguin Books Ltd Sold Out
Book SynopsisEmpty shelves, petrol station queues and energy shortages: crises more familiar to those who lived through the 1960s and 1970s have now become a reality for many as global shipping times are squeezed, containers lie unopened at docks and supply shortages push up inflation, increasing the cost of consumer goods from milk to cars to building materials.In Sold Out, James Rickards explains why the shelves are empty, who broke the supply chain and why shortages will persist. He breaks down the history and structure of business around the world to offer readers a behind-the-scenes look at what''s really going on, and what they can do to mitigate the worst of what''s to come.Drawing on his financial expertise, he explains that consumers and investors need to be nimble to come through this unprecedented turn of events in good shape. Luckily, Rickards is on hand to provide the tools readers need to look ahead, monitor key trends and insulate against risks.
£13.49
University of Illinois Press Wampum and the Origins of American Money
Book SynopsisTrade Review"I am struck with the remarkable depth and breadth of Marc Shell's scholarship in this book, his fascinating focus on the role of bilingualism and especially wampum in the development of American banking and currency, and his intriguing plays on words and images. An extremely stimulating and enjoyable book."--Kathleen J. Bragdon, author of The Columbia Guide to American Indians of the Northeast"Not only does this book illuminate an interesting and little-discussed corner of American cultural history--the history and cultural significance of currency--but it does so in an open and engaging style. Provocative and filled with creative ideas, this book will appeal to readers interested in Native American studies, American studies, and comparative literature."--Frederick E. Hoxie, coeditor of Lewis and Clark and the Indian Country: The Native American Perspective
£17.99
Institute of Economic Affairs Europe
Book SynopsisCONTENTS: The Lessons of History; Stages of European Integration; The Role of Monetary Policy in the Integration Process; Common Currency as Pace-Setter for Political Union; The Labour Market & Social Union; Compensatory transfers; Possible Political Tensions; Institutional Arrangements & 'Good Money from Outside'; The Difficulties & Risks of Monetary Union; Barriers Against Deficits & Debts; Constitutional restraints; Ambivalence of the Political Union; Summary.
£6.80
Institute of Economic Affairs Financial Stability Without Central Banks
Book SynopsisThis book shows how a system of private banks without a central bank can bring about financial stability through self-regulation. If one bank stretches credit too far, it will be reined in by the others before the system as a whole gets out of control.
£10.00
Institute of Economic Affairs Getting the Measure of Money A critical
Book SynopsisThis book examines the measure of money and, in that light, the actions of the Bank of England in the lead up to the 2008 financial crisis and its aftermath.
£11.88
MIT Press Ltd Monetary Theory and Policy
Book Synopsis
£72.25
MIT Press Ltd Comparing Financial Systems
Book SynopsisThe authors argue that the view that market-based systems are best is simplistic; a more nuanced approach is necessary.Financial systems are crucial to the allocation of resources in a modern economy. They channel household savings to the corporate sector and allocate investment funds among firms; they allow intertemporal smoothing of consumption by households and expenditures by firms; and they enable households and firms to share risks. These functions are common to the financial systems of most developed economies. Yet the form of these financial systems varies widely. In the United States and the United Kingdom competitive markets dominate the financial landscape, whereas in France, Germany, and Japan banks have traditionally played the most important role.Why do different countries have such different financial systems? Is one system better than all the others? Do different systems merely represent alternative ways of satisfying similar needs? Is the current trend
£42.75
MIT Press Money Payments and Liquidity The MIT Press
Book SynopsisA new edition of a book presenting a unified framework for studying the role of money and liquid assets in the economy, revised and updated.In Money, Payments, and Liquidity, Guillaume Rocheteau and Ed Nosal provide a comprehensive investigation into the economics of money, liquidity, and payments by explicitly modeling the mechanics of trade and its various frictions (including search, private information, and limited commitment). Adopting the last generation of the New Monetarist framework developed by Ricardo Lagos and Randall Wright, among others, Nosal and Rocheteau provide a dynamic general equilibrium framework to examine the frictions in the economy that make money and liquid assets play a useful role in trade. They discuss such topics as cashless economies; the properties of an asset that make it suitable to be used as a medium of exchange; the optimal monetary policy and the cost of inflation; the coexistence of money and credit; and the relationshi
£45.60
MIT Press Ltd Reform of the International Monetary System Why
Book SynopsisAn argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance.In this book, the economist John Taylor argues that the apparent correlation of monetary policy decisions among different countries—largely the result of countries' concerns about the exchange rate—causes monetary policy to deviate from effective policies that stabilize inflation and the economy. He argues that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance.Taylor shows that monetary polices in recent years have been deployed either defensively, as central banks counteract forces from abroad that affect the exchange rate, or offensively, as central banks attempt to move the exchange rate to gain a competitive advantage. Focusing on the years from 2005 to 2017, he develops an empirical framework to examine two moneta
£26.00
MIT Press Fiscal Policy under Low Interest Rates
Book SynopsisRethinking fiscal and monetary policy in an economic environment of high debt and low interest rates.Policy makers in advanced economies find themselves in an unusual fiscal environment: debt ratios are historically high, and—once the fight against inflation is won—real interest rates will likely be very low again. This combination calls for a rethinking of the role of fiscal and monetary policy—and this is just what Olivier Blanchard proposes in Fiscal Policy under Low Interest Rates.There is a wide set of opinions about the direction that fiscal policy should take. Some, pointing to the high debt levels, make debt reduction an absolute priority. Others, pointing to the low interest rates, are less worried; they suggest that there is still fiscal space, and, if justified, further increases in debt should not be ruled out. Blanchard argues that low interest rates decrease not only the fiscal costs of debt but also the welfare costs
£34.20
Pearson Education Exchange Rates and International Finance
Book SynopsisTable of Contents 1 Introduction 2 Prices in the open economy: purchasing power parity 3 Financial markets in the open economy 4 Open economy macroeconomics 5 Flexible prices: the monetary model 6 Fixed prices: the Mundell–Fleming model 7 Sticky prices: the Dornbusch model 8 Portfolio balance and the current account 9 Currency substitution 10 General equilibrium models 11 Market efficiency and rational expectations 13 The risk premium 14 Target zones 15 Crises and credibility 16 Optimum currency areas, monetary union and the eurozone 17 Heterogeneous expectations and scapegoat models 18 Order flow analysis 19 A certain uncertainty: nonlinearity, cycles and chaos 20 Conclusions
£70.99
University of Texas Press Greenback Planet
Book Synopsis The world runs on the U.S. dollar. From Washington to Beijing, governments, businesses, and individuals rely on the dollar to conduct commerce and invest profitably and safely—even after the global financial meltdown in 2008 revealed the potentially catastrophic cost of the dollar''s hegemony. But how did the greenback achieve this planetary dominance a mere century and a half after President Lincoln issued the first currency backed only by the credit—and credibility—of the federal government? In Greenback Planet, acclaimed historian H. W. Brands charts the dollar''s astonishing rise to become the world''s principal currency. Telling the story with the verve of a novelist, he recounts key episodes in U.S. monetary history, from the Civil War debate over fiat money (greenbacks) to the recent worldwide financial crisis. Brands explores the dollar''s changing relations to gold and silver and to other currencies and cogently explains how America''s econTrade ReviewPraise for H. W. Brands: "Brands [is] on the path to becoming the preeminent popular historian of his generation... There is no denying [his] talent for clear, cogent, and uncluttered prose." Chicago Tribune "Exuberant... Entertaining, lively... Brands [is] a wonderfully skilled narrative historian." Los Angeles Times "In this history of the US dollar, Brands details the key episodes that contributed to the rise of the 'greenback' as the world's pre-eminent currency. He asks what lessons previous financial failures (and successes) hold for policymakers dealing with the fallout of the 2008 crisis." - Survival, June-July 2012Table of Contents Introduction 1. Fiat Lucre: 1863–1907 2. Strong and Stronger: 1907–1928 3. Skulls and Bones: 1929–1944 4. The View from Mount Washington: 1944–1963 5. Floating, Floating . . . : 1963–1973 6. Petrodollars, Eurodollars and the Invincible Yen: 1973–1989 7. Bubble and Boil: 1990–2002 8. Be Nice to Your Creditors: 2003– Notes Acknowledgments Index
£18.99
University of Texas Press A Search for Solvency
Book SynopsisBased on extensive research in previously unavailable sources, A Search for Solvency relates intriguing and often complicated issues of economic analysis and diplomatic history.Table of Contents Preface 1. The Quest for a Durable Global Monetary System 2. America’s Global Monetary Design 3. America and Britain: Divergent Approaches to a Common Goal 4. Consultation and Consensus 5. Prelude to Bretton Woods 6. Bretton Woods 7. Selling the “Magnificent Blueprint” 8. The Protracted Transition 9. “Death of Bretton Woods” 10. Epilogue Notes Bibliography Index
£25.19
Yale University Press The Euro The Battle for the New Global Currency
Book SynopsisLooks at the tumultuous history of the Euro, its status in global economics and politics, and the pressures that present enormous challenges for the Euro's future. This book covers the dramatic events of 2010-2011, including Ireland and Greece's debt crises and the tension between France and Germany over the future of the Euro.Trade Review"'...gripping... Mr. Marsh's book has extra value because it draws on hundreds of interviews with the bigwigs involved in setting up the Euro... The result is an indispensable guide to monetary union.' (Economist) 'An amazingly detailed and thoroughly readable account of the long march to the Euro. This is the stuff of a political thriller: the deal-making behind a currency constructed not just as a financial instrument but also as a way of overcoming centuries of conflict. Anyone interested in European politics and economics, as well as Europe's place in the wider world, would enjoy it.' (George Soros) 'a compelling political story' (Ralph Atkins, Financial Times) 'An excellent new book.' (David Smith, Sunday Times) 'Marsh has achieved the seemingly impossible feat of making what the Brits tend to regard as a boring topic, best avoided, into a great story. What is more, it manages to be balanced, examining all the topical, as well as historical, issues.' (William Keegan, The Observer) 'There are not many economists in Marsh's generation who have been present at so many of the vital moments or who can call on such an impressive roster of interviewees as background research. He is especially good on the way that the two great European projects of our time - economic and political union - have counteracted each other.' (Philip Collins, The Times)"
£20.38
Yale University Press Wildcat Currency How the Virtual Money Revolution
Book SynopsisAn intriguing look at the exploding phenomenon of unregulated private currencies and how they will change our economy foreverTrade Review“A brilliant, fresh, and accessible look not just at one of the fastest-growing online trends, but at one of humanity’s most enduring institutions.”—Joshua Fairfield, Professor of Law, Washington and Lee School of Law"In Wildcat Currency, Castronova explains with clarity how the future of money owes more to virtual worlds and video games than to traditional financial institutions and governments. Will reading this provocative book pay off? You can bank on it!"--Kevin Werbach, co-author, For the Win: How Game Thinking Can Revolutionize Your Business"Edward Castronova raises questions and presents basic examples from computer games, airline miles, loyalty programs, data programs, Paypal and other means to transmit payments, invent monies and near monies in the brave new world of computerized network exchange."--Martin Shubik, Yale University“A controversial thesis with potentially broader implications for the future of banking and global corporations.” —Kirkus Reviews * Kirkus Reviews *
£26.12
Yale University Press We Need to Talk About Inflation
Book SynopsisA myth-busting explanation of inflation, the desperate gullibility of central bankers and finance ministers—and our abject failure to learn from historyTrade Review“My kind of inflation book. There is lots of great storytelling, which lightens the subject matter, and makes it accessible to non-experts.”—Moira O’Neill, Financial Times, “Best Summer Books of 2023: Money”“Historically informed and lucid.”—Martin Wolf, Financial Times, “Best Summer Books of 2023: Economics”“Not just a useful and well-written account of inflation for the layman, but a contribution to a debate that is still very much live. A brilliantly clear and concise new history.”—Juliet Samuel, Times (UK)“As with all the best economists, King’s views are grounded in an understanding of our historical experience.”—Roger Bootle, Daily Telegraph“Highly readable and informative. . . . King’s timely book should be essential reading for economic policymakers everywhere.”—Nick Macpherson, Financial Times“[An] excellent and readable new book about the re-emergence of inflation.”—Larry Elliot, The Guardian“A damning critique. . . . King writes lucidly, avoiding the jargon that makes economics impenetrable to the lay reader.”—Edward Chancellor, Times Literary Supplement“[A] lively polemic. . . . King’s view is that getting inflation back down to 2 percent will involve breaking more eggs than the authorities are prepared to acknowledge.”—Howard Davies, Literary Review“A powerful combination of history, current affairs and economic analysis.”—Mohamed A. El-Erian, on Twitter“Equal parts history lesson, policy primer and cri de coeur for index-linked pocket money, We Need to Talk About Inflation makes its subject as engaging as it is urgent—highly recommended for aspiring economists, and actual economists in search of historical perspective.”—Tom Orlik, chief economist for Bloomberg Economics, on Twitter“King makes his case with verve, in the process delineating the pernicious effects of inflation and underscoring the absurdity of thinking it could never reappear in advanced economies.”—Max Harris, Finance & Development“This is a fun book to read and with an important underlying message—central banks are under watch everywhere. How they emerge from this inflation crisis will determine both their reputation worldwide and how they evolve from here.”—Vicky Pryce, Society of Professional Economists“If you have a relative or friend who has kept asking what all this ‘inflation stuff’ is about, consider giving them a copy of this very readable book.” —Michael Reddell, Central Banking “Most of those who have to deal with inflation are too young to remember when it was last a serious issue. This book teaches them what they need to know. King’s lessons command our attention.”—Lawrence H. Summers, former US Treasury Secretary“Everything you wanted to know about inflation but were afraid to ask. This book is timely, well-researched and very well-written.”—Mervyn King, former governor of the Bank of England“Reading Stephen King over the years has often given me advance notice of the next big economic story. Maybe you don’t think inflation is back for good. That is your right. But you’d be advised to read this book first.”—Stephanie Flanders, head of Economics and Government at Bloomberg
£9.99
The Perseus Books Group The End of Money Counterfeiters Preachers Techies
Book Synopsis
£10.99
Taylor & Francis Ltd (Sales) Understanding Phonetics Understanding Language
Book SynopsisThis accessible and comprehensive survey of phonetic theory is an ideal introduction to phonetics for undergraduates approaching the subject for the very first time.Trade Review'This volume is an excellent introduction into the field of phonetics. It presents an impressive account of the articulatory, acoustic and perceptual aspects of human speech sounds. What makes this book especially useful are the various exercises in the chapters, and the addition of online audio materials to let readers develop their practical skills with ear-training exercises'. Marc Swerts, Professor of Communication and Information Sciences, Tilburg University, The Netherlands'the comprehensive content with clear explanations make[s] it a tool that students can use with confidence. It is remarkable in its potential to facilitate connections across the breadth of phonetics, providing excellent foundations for the reader's future career as a phonetician.'Times Higher EducationTable of ContentsPrefaceAcknowledgementsSymbols for transcribing EnglishIPA chart1. Starting phonetics2. The role of the larynx3. Place of articulation4. Manner of articulation5. Airstream mechanisms6. Describing vowels7. Further parameters of variation in vowels8. Further parameters of variation in consonants9. Connected speech - segment dynamics10. Beyond the segmentAnswers to exercisesBibliographyIndex
£34.19
Random House USA Inc Money The Unauthorized BiographyFrom Coinage to
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£15.26
Little, Brown Book Group Chasing Mammon
Book SynopsisMoney as a weapon. Money as revenge. Money as a substitute for sex and love. Money as status ... This intriguing and extraordinarily well-written book is cheering for those of us who aren''t rich, and will go happily to our graves without ever pulling down 300,000 per annum'' Simon Hoggart, LITERARY REVIEW''How we chase Mammon defines us. Because, like it or not, we are what we earn,'' CHASING MAMMON is the first travel book ever written about the uses of money and the attitudes of the wheelers and dealers in the international marketplace. Douglas Kennedy spent a year loitering with intent in six very disparate financial realms, including the Casablanca bourse (where stocks and bonds are listed on a blackboard), the squeaky-clean Singapore money markets, the Sydney futures market and the first Hungarian stock exchange to open since 1948. From the ''New Age'' City folk in London, unsure whether greed really is good for you, to the tireless toilers of Wall Street, Knnedy''Trade ReviewA sparkling international excursion along the route of all evil * Lloyd Grossman, SUNDAY TIMES *A series of strangely poignant life-accounts from those who wait at the banquet but do not sit at the feast * NEW STATESMAN AND SOCIETY *A travel writer of witty talent and originality, who steers a risky but well-plotted course away from the obvioius .. a timely and engaging book * DUBLIN SUNDAY TRIBUNE *Fascinating and funny * TODAY *
£17.67