9780745651118 - The End of Finance von Amato, Massimo; Fantacci, Luca (7 Ergebnisse)

Paperback. Zustand: Good. Minor wear and creasing.

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Zustand: New. In.

Zustand: New. * This is a work of real quality on an immensely important topic - i.e. why the current financial crisis came about and what we can and should do to reform the financial system. Num Pages: 300 pages, black & white illustrations. BIC Classification: KCX; KFF. Category: (P) Professional & Vocational. Dimension: 229 x 162 x 26. Weight in Grams: 516. . 2011. 1st Edition. Paperback. . . . . Books ship from the US and Ireland.

Zustand: New. This is an important book. It is clearly destined to become one of the very best accounts of the financial crisis -it is clear, concise and very readable. Its deep theoretical understanding of the issues is combined with the bestshort account of the histor.

Taschenbuch. Zustand: Neu. Neuware - This new book by two distinguished Italian economists is a highly original contribution to our understanding of the origins and aftermath of the financial crisis. The authors show that the recent financial crisis cannot be understood simply as a malfunctioning in the subprime mortgage market: rather, it is rooted in a much more fundamental transformation, taking place over an extended time period, in the very nature of finance.The 'end' or purpose of finance is to be found in the social institutions by which the making and acceptance of promises of payment are made possible - that is, the creation and cancellation of debt contracts within a specified time frame. Amato and Fantacci argue that developments in the modern financial system by which debts are securitized has endangered this fundamental credit/debt structure. The illusion has been created that debts are universally liquid in the sense that they need not be redeemed but can be continually sold on in increasingly extensive global markets. What appears to have reduced the riskiness of default for individual agents has in fact increased the fragility of the system as a whole.The authors trace the origins of this profound transformation backwards in time, not just to the neoliberal reforms of the 1980s and 90s but to the birth of capitalist finance in the mercantile networks of the sixteenth and seventeenth centuries. This long historical perspective and deep analysis of the nature of finance enables the authors to tackle the challenges we face today in a fresh way - not simply by tinkering with existing mechanisms, but rather by asking the more profound question of how institutions might be devised in which finance could fulfil its essential functions.

Taschenbuch. Zustand: Neu. The End of Finance | Massimo Amato (u. a.) | Taschenbuch | IntroductionPart One: PhenomenologyI. Do we know what the financial markets are?II. At the root of the possibility of crisis: liquidity and riskIII. What is credit?IV. What is money?V. Finance starting from the endVI. Capitalism and debt: a matter of lif | Englisch | 2011 | Polity Press | EAN 9780745651118 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu.