Taking the floor

models, morals, and management in a Wall Street trading room

Debates about financial reform have led to the recognition that a healthy financial system doesn't depend solely on how it is structured-organizational culture matters as well. Based on extensive research in a Wall Street derivatives-trading room, Taking the Floor considers how the culture of ...

Hackeando el futuro del dinero

Tras el rescate bancario y la crisis financiera mundial, la ira hacia el sistema financiero no hizo más que aumentar. Aunque el funcionamiento del sistema sigue resultando opaco para muchas personas, esta guía práctica cerrará la brecha entre los eslóganes de protesta y un cambio ...

The corporate, real estate, household, Government and Non-Bank Financial sectors under financial stability

Sound financial stability assessments necessitate intensive analysis of different sectors, namely, the household sector, the corporate sector, the real estate sector, the government sector, and the non-bank financial sector. This volume provides a complete analysis and risk assessment of each of these sectors which make ...

Market rules

bankers, presidents, and the origins of the Great Recession

Although most Americans attribute shifting practices in the financial industry to the invisible hand of the market, Mark H. Rose reveals the degree to which presidents, legislators, regulators, and even bankers themselves have long taken an active interest in regulating the industry. In 1971, members ...

Moneyland

why thieves and crooks now rule the world and how to take it back

SUNDAY TIMES BUSINESS BOOK OF THE YEAR an ECONOMIST Politics and Current Affairs book of the year a DAILY MAIL book of the year 'You cannot understand power, wealth and poverty without knowing about Moneyland.' Simon Kuper, New Statesman From ruined towns on the edge ...

La telaraña financiera

una geografía de la financiación y su crisis

Desde hace cuatro décadas el mundo vive un período de desmesura financiera que condujo a la Gran Recesión de 2007-2008 y que, con ligeros ajustes, persiste hasta la actualidad. Al poder de los grandes bancos sistémicos y de otros inversores institucionales se une el crecimiento ...

The return of trust?

institutions and the public after the icelandic financial crisis

Trust is the fundamental facilitator between actors in society, yet the past decade has seen the public openly question through demonstrations and elections whether business and political institutions deserve the trust society has placed in them-or whether the common person has been abandoned in favour ...

Un mundo de tres ceros

La nueva economía de pobreza cero, desempleo cero y cero emisiones netas de carbono

Muhammad Yunus es uno de los críticos sociales más agudos de la actualidad. En Un mundo de tres ceros constata que el motor del capitalismo está roto: que tal como se concibe actualmente conduce inevitablemente a una desigualdad desenfrenada, un desempleo masivo y la destrucción ...

The new confessions of an economic hitman

the shocking inside story of how America really took over the world

False economics. Threats, bribes, extortion. Debt, deception, coups, assassinations and unbridled military power. These are the tools used by the 'corporatocracy' - a vast network of corporations, banks, colluding governments and rich and powerful individuals - to ensure that they retain and expand their wealth and influence ...

The Fed and Lehman Brothers

setting the record straight on a financial disaster

The bankruptcy of the investment bank Lehman Brothers was the pivotal event of the 2008 financial crisis and the Great Recession that followed. Ever since the bankruptcy, there has been heated debate about why the Federal Reserve did not rescue Lehman in the same way ...

Market design

auctions and matching

This book offers an introduction to market design, providing students with a broad overview of issues related to the design and analysis of market mechanisms. It defines a market as a demand and a supply, without specifying a price system or mechanism. This allows the ...

Contestants, profiteers, and the political dynamics of marketization

how shareholders gained control rights in Britain, Germany, and France

Since the early 1980s, governments worldwide have taken many measures to expand the role of markets. Recent political events reflect widespread disenchantment with neoliberal policies, but it remains doubtful whether populist leaders will deliver the market restraints that many of their voters expect. This book ...

Brexit and financial services

Law and policy

This timely book examines the legal and regulatory implications of Brexit for financial services. The UK's withdrawal from the EU is likely to have significant market, political, and policy consequences for the UK financial system, for the single market and the euro area, and ...

When things don't fall apart

global financial governance and developmental finance in an Age of Productive Incoherence

An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic innovations in global financial governance and developmental finance induced by the global financial crisis. In When Things Don't Fall Apart, Ilene Grabel challenges the dominant view that the global financial crisis ...

Islamic banking and finance in Europe

the case of Germany and United Kingdom: a theoretical and an empirical analysis

The Islamic financial industry is expanding rapidly into non-Muslim countries including Western Europe. The author analyses what the prospects of success for an Islamic mode of banking and finance in Germany are at the retail level. The quantitative study revealed that two-thirds of respondents were ...

Fed power

how finance wins

The Federal Reserve, created nearly a century ago, is the most powerful central bank in the world. The Fed's power, which derives from its ability to alter the money supply and move interest rates, weighs heavily not only on the US economy, but on ...

The financial system, financial regulation and central bank policy

Traditional money and banking textbooks are long, expensive, and full of so much institutional and technical modeling detail that students cannot understand the big picture. Thomas F. Cargill presents a new alternative: a short, inexpensive book without the 'bells and whistles' that teaches students the ...

The economics of continuous-time finance

An introduction to economic applications of the theory of continuous-time finance that strikes a balance between mathematical rigor and economic interpretation of financial market regularities. This book introduces the economic applications of the theory of continuous-time finance, with the goal of enabling the construction of ...

Charlie Munger

the complete investor

This book presents the essential steps of Munger's investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and business-case historians. Munger's approach is straightforward enough that ordinary investors ...

El dinero de los demás

el verdadero negocio de las finanzas

El sector financiero es, sin duda, necesario, pero& ¿lo es también todo lo que le rodea? En los últimos tiempos, el mundo de las finanzas ha crecido demasiado, se ha distanciado de los negocios ordinarios y de la vida cotidiana, para convertirse en una industria ...