Systemic risk, crises, and macroprudential regulation

The recent financial crisis has shattered all standard approaches to banking regulation. Regulators now recognize that banking regulation cannot be simply based on individual financial institutions' risks. Instead, systemic risk and macroprudential regulation have come to the forefront of the new regulatory paradigm. Yet our ...

Wildcat currency

how the virtual money revolution is Ttansforming the economy

Private currencies have always existed, from notes printed by individual banks to the S&H Green Stamps to Bitcoin. Today's economy has seen an explosion of new forms of monetary exchange not created by the federal government. Credit card companies offer points that can ...

Global economic turmoil and the public good

The global financial crisis of 2008 was resolved over the course of two years after the collapse of the US housing bubble, but the world economy did not vigorously rebound as expected. The West has been torpid, while Asian economic vitality has steadily waned. These ...

The maze of banking

history, theory, crisis

Financial crises are devastating in human and economic terms. To avoid the next one, it is important to understand the recent financial crisis of 2007-2008 and the financial eras which preceded it. Gary Gorton has been studying financial crises since his 1983 PhD thesis, "Banking ...

CLAVES PRACTICAS-Todo sobre Bitcoin

aspectos económicos, fiscales,contables y administrativos

Realiza un acercamiento al régimen jurídico del bitcoin y de las monedas virtuales o criptomonedas. Ofrece una visión multidisciplinar sobra este instrumento financiero: económico, fiscal, contable, etc. Incluye numerosos ejemplos ilustrativos que clarifican los aspectos más complejos. Elaborado por expertos en la materia de muy ...

Tu casa no es tuya, es del banco

resistencias y alternativas colectivas frente al colapso de la burbuja inmobiliaria

Crisis, desahucios, pobreza. Todas esas palabras se nos han vuelto familiares. Todos esos concep-tos martillean nuestras conciencias esde el reflejo de la pantalla televisiva o desde la cruel realidad de los barrios en que vivimos. La gente está siendo desahuciada de sus casas, está siendo ...

Economics after capitalism

a guide to the ruins and a road to the future

'There is no alternative' has been the unofficial mantra of the neoliberal order since its utterance by Margaret Thatcher in the 1980s. As Derek Wall argues in Economics After Capitalism, there is in fact an alternative to our crisis-ridden, austerity-inflicted world - and not just one ...

Monetary policy, inflation, and the business cycle

an introduction to the New Keynesian Framework

This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for ...

Making money

coin, currency, and the coming of capitalism

Money travels the modern world in disguise. It looks like a convention of human exchange - a commodity like gold or a medium like language. But its history reveals that money is a very different matter. It is an institution engineered by political communities to mark ...

International banking for a new century

This new textbook provides an up-to-date overview of international banking as the second decade of the twenty-first century unfolds. Integrating geo-economic, operational, institutional and regulatory changes in the financial sector, the volume's methodology incorporates specific case studies and research, combining theory with practical examples ...

Suspiros de Europa

España, Turquía y la crisis de la Unión Europea

España ha entrado en un tiempo de incertidumbre-que algunos califican de nuevo ciclo histórico-,cuya irreversibilidad empezó a hacerse patente en la primavera de 2012, bajo el peso de la avidez de los mercados financieros y del clamor pidiendo el rescate de España. La crisis ...

The Bullies of Wall Street

this is How greed messed up our economy

Can knowing how a financial crisis happened keep it from happening again? Sheila Bair, the former chairman of the FDIC, explains how the Great Recession impacted families on a personal level using language that everyone can understand. In 2008, America went through a terrible financial ...

House of debt

How they (and you) caused the Great Recession, and how we can prevent it from happening again

The Great American Recession resulted in the loss of eight million jobs between 2007 and 2009. More than four million homes were lost to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the ...

Caída libre

el libre mercado y el hundimiento de la economía mundial

La llamada Gran Recesión ha afectado a más personas que ninguna otra crisis desde la Gran Depresión. En Esta-dos Unidos, las políticas públicas deficientes y una falta de escrúpulos generalizada han favorecido el desastre financiero actual, cuyo contagio al resto del planeta ha sido devastador ...

Money and the Church in medieval Europe, 1000-1200

practice, morality and thought

Bringing together essays from experts in a variety of disciplines, this collection explores two of the most important facets of life within the medieval Europe: money and the church. By focusing on the interactions between these subjects, the volume addresses four key themes. Firstly it ...

Risk management in banking

The seminal guide to risk management, streamlined and updated Risk Management in Banking is a comprehensive reference for the risk management industry, covering all aspects of the field. Now in its fourth edition, this useful guide has been updated with the latest information on ALM ...

Modern Greece

what everyone needs to know

Just a few years ago, Greece appeared to be a politically secure nation with a healthy economy. Today, Greece can be found at the center of the economic maelstrom in Europe. Beginning in late 2008, the Greek economy entered a nosedive that would transform it ...

Los planes del Club Bilderberg para España

¿Fue la Transición tal como nos la contaron? ¿Qué papel desempeñó en ella el Club Bilderberg, ese elitista y selecto grupo compuesto por algunas de las personalidades más influyentes del mundo? ¿Quién ha tomado realmente las decisiones políticas más importantes y trascendentes en las últimas ...

La crisis del euro y su impacto en la economía y la sociedad

La crisis económica en Europa ha sido más grave que en otras regiones del mundo. La adopción del euro ha puesto en marcha mecanismos que no siempre han funcionado como se preveía, y eso ha obligado a afrontar nuevos y complejos retos en un entorno ...