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 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 ...

Regulatory crisis

negotiating the consequences of risk, disasters and crises

Using a new concept - 'regulatory crisis' - this book examines how major crises may or may not affect regulation. The authors provide a detailed analysis of selected well-known disasters, tracing multiple interwoven sources of influence and competing narratives shaping crises and their impact. Their findings challenge ...

The paradox of vulnerability

states, nationalism and financial crisis

Why are small and culturally homogeneous nation-states in the advanced capitalist world so prosperous? Examining how Denmark, Ireland, and Switzerland managed the 2008 financial crisis, The Paradox of Vulnerability shows that this is not an accident. John Campbell and John Hall argue that a prolonged ...

The myth of independence

how Congress governs the Federal Reserve

Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence traces the Fed's transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent ...

A world of three zeros

the new economics of zero poverty, zero unemployment, and zero carbon emissions

A winner of the Nobel Peace Prize and bestselling author of Banker to the Poor offers his vision of an emerging new economic system that can save humankind and the planet Muhammad Yunus, who created microcredit, invented social business, and earned a Nobel Peace Prize ...

Malas prácticas de los fondos buitre en España

y cómo tutelar los derechos del deudor en las cesiones de crédito

Hablar de los “Fondos Buitre” es hablar de la mala fe, del abuso del derecho y del fraude de ley en grados superlativos. Este libro evidencia las infinitas malas prácticas de este tipo de entidades financieras, cuyos fondos tienen su origen en actividades, muchas de ...

Unfinished business

the unexplored causes of the financial crisis and the lessons yet to be learnt

A penetrating critique tracing how under-regulated trading between European and U.S. banks led to the 2008 financial crisis-with a prescription for preventing another meltdown There have been numerous books examining the 2008 financial crisis from either a U.S. or European perspective. Tamim Bayoumi ...

Makers and takers

how Wall Street destroyed Main Street

In the wake of the social and political upheaval that characterized the 2016 presidential race, one thing is clear: Most Americans today would agree that our economy is broken. That a confluence of forces--including too-cozy relationships between bankers and lawmakers, inadequate financial regulation, and tax ...

Money and Finance After the Crisis

critical thinking for uncertain times

´The 2008 financial crisis was a long-tail event, not only in being rare but also in leaving behind a global trail of damage and disruption. Money and Finance After the Crisis provides an indispensable roadmap to the world we now inhabit. Challenging and provocative, it ...

Money, markets, and democracy

politically skewed financial markets and how to fix them

This book offers a comprehensive analysis of the ways that politics and financial markets impact one another. In this relationship, politics is the ultimate controlling force. The kinds and prices of financial instruments that get traded and the individuals and institutions that get to trade ...

Securitization and the Global economy

history and prospects for the future

This book examines the controversial issue of securitization in a global, historical context. It traces its origins and compares evidence of securitization across countries, linking differences to variations in legal, political, and cultural regimes. By incorporating the history and current status of securitization (including sources ...

Between debt and the devil

money, credit, and fixing global finance

Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis ...

The city

London and the global power of finance

Radical insider's account of how the city of London really works The City, as London's financial centre is known, is the world's biggest international banking and foreign exchange market, shaping the development of global capital. It is also, as this groundbreaking book ...

Sharing

crime against capitalism

Today's economic system premised on the sale of physical goods does not fit the information age we live in. The capitalist order requires the maintenance of an artificial scarcity in goods that have the potential for near infinite and almost free replication. The sharing ...

The politics of value

three movements to change how we think about the economy

The Great Recession not only shook Americans' economic faith but also prompted powerful critiques of economic institutions. This timely book explores three movements that gathered force after 2008: the rise of the benefit corporation, which requires social responsibility and eschews share price as the best ...

The courage to act

a memoir of a crisis and its aftermath

Ben S. Bernanke’s rise to chair of the Federal Reserve, the massive financial crisis, and the Fed’s bold and effective response. In 2006, Ben S. Bernanke was appointed chairman of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood ...

Contra el capitalismo clientelar

o por qué es más eficiente un mercado en el que respeten las reglas de juego

Este libro viene a llenar un vacío en la bibliografía española sobre un fenómeno, el del éxito en los negocios forjado a través de las estrechas e interesadas relaciones de los empresarios con el poder político —el llamado "capitalismo clientelar" o «capitalismo de amiguetes»—, del ...