The State and the Monetary System

Dowd, Kevin

Business & Money

PALGRAVE~MACMILLAN

Competition and Finance offers a new, unified treatment of the fields of financial and monetary economics. The first part integrates recent developments in agency theory and information economics into a unified financial theory of the firm. A review of recent developments in the economics of banking and then monetary economics leads to a conclusion assessing present-day systems of central banking and proposing financial and monetary reform.

Competition and Finance: A Reinterpretation of Financial and Monetary Economics

Economics

Competition and Finance offers a new, unified treatment of the fields of financial and monetary economics. The first part integrates recent developments in agency theory and information economics into a unified financial theory of the firm. A review of recent developments in the economics of banking and then monetary economics leads to a conclusion assessing present-day systems of central banking and proposing financial and monetary reform.

The idea of free (or laissez-faire) banking has enjoyed a remarkable renaissance in recent years. It is a novel idea that challenges much of what many banking scholars still take for granted - that banking is inherently unstable, that the banking system needs a lender of last resort or deposit insurance to defend it in a crisis, and that the Government has to protect the value of the currency. Against this free banking sets an argument which is in essence very simple: if markets are generally better at allocating resources than governments, then what is different about money and the industry that provides it and why? "Laissez-Faire Banking" is divided into three inter-related sections, dealing with the theory of free banking, historical experiences of it and present-day monetary and banking reforms based on free banking principles.

Laissez Faire Banking (Routledge Foundations of the Market Economy)

Routledge

Money and the Market (Routledge Foundations of the Market Economy)

Kevin Dowd asserts that state intervention into financial and monetary systems has failed, and that we would be better off if financial markets were left to regulate themselves. This collection will appeal to students, researchers and policy makers in the monetary and financial area.

Money and the Market: Essays on Free Banking (Routledge Foundations of the Market Economy)

Fully revised and restructured, "Measuring Market Risk, Second Edition" includes a new chapter on options risk management, as well as substantial new information on parametric risk, non-parametric measurements and liquidity risks, more practical information to help with specific calculations, and new examples including Q&amp;A's and case studies.

Measuring Market Risk

wiley

An engaging look at how modern finance almost destroyed our global economy Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound risk and regulatory practices have proved disastrous for the global economy. In a clear and accessible style, ex-investment banker and financial journalist Martin Hutchinson, and highly respected academic, Kevin Dowd show how modern finance combined with easy money threatened to bring down the world financial system. At the heart of the book is modern finance as a U.S. invention, the theories and practices associated with them, and the changes they made in business models and risk management on Wall Street and other major financial centers. <ul>
<li>Breaks down the events involved in the 2007-08 financial collapse</li> <li>Reveals how botched policy response made a bad situation worse</li> <li>Focuses on lessons that the practice of finance must learn from recent events</li> </ul>
The Alchemists of Loss will help you to understand how our financial system crashed and show you what it will take to make sure this won't happen again as we move forward.

Alchemists of Loss: How modern finance and government intervention crashed the financial system

Hutchinson, Martin

Biography & History

<ul>
<li>Includes a CD-ROM that contains Excel workbooks and a Matlab manual and software.</li> <li>Covers the subject without advanced or exotic material.</li> </ul>

An Introduction to Market Risk Measurement (The Wiley Finance Series)

See the best price to sell, buy, or rent books by Dowd, Kevin. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Dowd, Kevin

See the best price to sell, buy, or rent books by Dowd, Kevin. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The State and the Monetary System

Competition and Finance: A Reinterpretation of Financial and Monetary Economics

Competition and Finance: A Reinterpretation of Financial and Monetary Economics

Laissez Faire Banking (Routledge Foundations of the Market Economy)

Laissez Faire Banking (Routledge Foundations of the Market Economy)

Money and the Market: Essays on Free Banking (Routledge Foundations of the Market Economy)

Money and the Market (Routledge Foundations of the Market Economy)

Measuring Market Risk

Alchemists of Loss: How modern finance and government intervention crashed the financial system

An Introduction to Market Risk Measurement (The Wiley Finance Series)