Brother, can you spare a billion?

the United States, the IMF, and the international lender of last resort

When financial crises occur, it has long been accepted that national economies need a lender of last resort to stabilize markets. In today's global financial system, crises are rarely confined to one country. Indeed, they often go global. Yet, there is no formal international ...

La moneda imposible

la convertibilidad argentina de 1991

La crisis argentina del año 2001 fue un colapso que aun no ha podido ser explicado en toda su magnitud. Los desempleados, las clases medias, los pequeños ahorristas, los trabajadores de las fábricas cerradas protestaron cotidianamente en las calles; grupos enteros saquearon los supermercados; el ...

Digital gold

the untold story of Bitcoin

Shortlisted for the Financial Times and McKinsey Business Book of the Year Award. A New York Times technology and business reporter charts the dramatic rise of Bitcoin and the fascinating personalities who are striving to create a new global money for the Internet age. Digital ...

Naked money

a revealing look at what it is and why it matters

We use money every day. Yet the practice of exchanging paper or bytes for goods and services seems absurd if you think about it. Naked Money explores why money exists and why it so often gets entire nations in trouble. Charles Wheelan explains with his ...

What's wrong with money?

the biggest bubble of all

The expert guide to understanding and surviving monetary failure "What's Wrong with Money? "explores how and why money is valued and the warning signs that point to its eventual collapse. Author Michael Ashton is widely regarded as a premier expert on inflation, and in ...

The money problem

rethinking financial regulation

Years have passed since the world experienced one of the worst financial crises in history, and while countless experts have analyzed it, many central questions remain unanswered. Should money creation be considered a public or private activity or both? What do we mean by, and ...

Por qué otros se hacen cada vez más ricos a tu costa

...y qué responsabilidad tiene el Estado y cómo juega con nuestro dinero

¿Por qué el sistema monetario es el culpable de la progresiva desigualdad social? ¿Por qué el monopolio estatal del dinero es una gran estafa al ciudadano? ¿Por qué el Estado del Bienestar es un proyecto profundamente demagógico? ¿Qué papel desempeñan realmente el Estado, el gobierno ...

El valor de actuar

memoria de una crisis y sus secuelas

En 2006, Ben S. Bernanke fue nombrado presidente de la Reserva Federal de Estados Unidos, el inesperado colofón de un viaje personal que había tenido como punto de partida un pequeño pueblo de Carolina del Sur, vivió un interludio sembrado de prestigiosos cargos académicos y ...

The political and economic dynamics of the Eurozone crisis

This is the first book to provide a full and dispassionate account of the politics and economics of the Eurozone crisis, focusing on the interlinked origins and impacts of the Euro-Zone crisis and the policy responses to it. The book is distinguished from existing research ...

The social life of money

Questions about the nature of money have gained a new urgency in the aftermath of the global financial crisis. Even as many people have less of it, there are more forms and systems of money, from local currencies and social lending to mobile money and ...

Financial markets and institutions

a european perspective

Written for undergraduate and graduate students of finance, economics and business, the third edition of Financial Markets and Institutions provides a fresh analysis of the European financial system. Combining theory, data and policy, this successful textbook examines and explains financial markets, financial infrastructures, financial institutions ...

Migrating into financial markets

how remittances became a development tool

We understand very little about the billions of dollars that flow throughout the world from migrants back to their home countries. In this rigorous and illuminating work, Matt Bakker, an economic sociologist, examines how these migrant remittances - the resources of some of the world's ...

The courage to act

a memoir of a crisis and its aftermath

In 2006, Ben S. Bernanke was appointed chairman of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington's halls of power. There would be no time to celebrate, however-the ...

Coined

the rich life of money and how its history has shaped us

The importance of money in our lives is readily apparent to everyone--rich, poor, and in between. However grudgingly, most of us accept the expression "Money makes the world go round" as a universal truth. We are all aware of the power of money--how it influences ...

Europe's orphan

the future of the Euro and the politics of debt

Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe's Orphan, leading economic commentator Martin Sandbu presents a ...

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 ...

Demanding devaluation

exchange rate politics in the developing world

Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries ...

Ante una nueva expansión económica

En este libro los autores asumen que seguiremos compartiendo moneda -con las características del euro- con nuestros principales socios comerciales, y es en ese entorno en el que se analizan cuáles deberían ser algunas de las principales características de nuestra política económica en un contexto ...

Applied financial macroeconomics and investment strategy

a practitioner's guide to tactical asset allocation

Understanding our interconnected macroeconomic world is important for money managers and investment professionals alike. Here author Robert McGee brings together insights from finance and macroeconomics that are useful for investment strategists concerned with asset allocation decision-making. McGee provides a thorough look at each stage of ...

The future of the Euro

The Future of the Euro is an attempt by political economists to analyze the fundamental causes of the euro crisis, determine how it can be fixed, and consider what likely futures lie ahead for the currency. The book makes three interrelated arguments that emphasize the ...