(Ebook free) A Concise History of International Finance: From Babylon to Bernanke (New Approaches to Economic and Social History)






 | #1266566 in eBooks |  2015-11-30 |  2015-10-13 | File Name: B015WJ193U


||2 of 2 people found the following review helpful.| Informative, and Frustrating|By Mel|Lots of detail, events, characters, and policy here. Not well written, though. Many passive sentences, which confuse or omit the subjects / focus of the story. Also, topics arise without explanation only to arise later in passing detail. Still, I learned much about the evolution of financial markets and assets. Worth the read overall.| |"This is the most impressive, most comprehensive, and most up-to-date single volume history of finance there is. Its central argument about the beneficial effects of financial innovation - along with the many cautionary tales of how and why things go sour, of

Ever since the financial crisis of 2008, doubts have been raised about the future of capitalism. In this broad-ranging survey of financial capitalism from antiquity to the present, Larry Neal reveals the ways in which the financial innovations throughout history have increased trade and prosperity as well as improving standards of living. These innovations have, however, all too often led to financial crises as a result of the failure of effective coordination among ban...


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