Spekulationsblase am Neuen Markt, Bankenkrise 2008 und griechische Schuldenkrise - lauter Themen, die die Finanzmärkte bewegten und bewegen. Doch wer einen Schritt zurücktritt und das grosse Bild sieht, bemerkt: So neu ist das alles gar nicht! Die Geschichte gibt wertvolle Hinweise zum...

The origins of money and banking are explained in nearly every introduction money and banking course, but Wray proposes an alternative approach that emerges from a comparative analysis of economic institutions. Orthodox theory suggests that barter replaced self-sufficiency and increased...

"[A] magnificent history of money and finance."--New York Times Book Review“Convincingly makes the case that finance is a change-maker of change-makers.”--Financial TimesIn the aftermath of recent financial crises, it's easy to see finance as a wrecking ball: something that destroys fortunes...

Part I: A History of Banking -- 1.A brief history of money and credit -- 2.Banking in the 20th Century -- Part II: How Banking Works -- 3.Money and Inflation -- 4.Money and Banking -- 5.Banking and the economy -- 6.Investment Banking -- 7.Banking in Crisis -- 8.Financial Instability -- Part III:...

While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings of the sector...