Easy Money

Evolution of Money from Robinson Crusoe to the First World War
1. Auflage 2013
ISBN: 978-81-321-1342-3
Verlag: Sage Publications India

Buch, Englisch, 300 Seiten, Format (B × H): 140 mm x 216 mm, Gewicht: 390 g

“A man hears what he wants to hear and disregards the rest,” wrote singer and songwriter Paul Simon some decades back. Books on the current financial crisis which started in late 2008 are a tad like that. Until now they have tended to deal with certain aspects of the crisis without looking at the bigger picture of what really went wrong. That bigger picture of the ongoing financial crisis has now started to evolve. Easy Money captures this big picture.

The history of money and the financial system as it has evolved over the centuries stand at the heart of this endeavor. It explores the idea that the evolution of money over centuries has led to an easy money policy being followed by governments and central banks across the world, which in turn has fueled humongous Ponzi schemes, which have now started to unravel, bringing the whole world on the brink of a financial disaster. The book also explains how the lessons of the financial crisis have still not been learned, and in trying to deal with it, governments across the world are making the same mistakes which led to the current crisis in the first place.

Autoren/Hrsg.

Kaul, Vivek

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Finanzkrisen, Wirtschaftskrisen
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzkrisen
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte

Inhaltsverzeichnis

Foreword Satyajit Das
Introduction
Why Robinson Crusoe Did Not Need Money
Gold Is Useful Because It Is Useless
The Merchant of Venice
The Bank of England
The Other Life of Isaac Newton
Paper Money during the Revolutions
How Bank of England Became a Central Bank
When the Crumbled
The Gold Rush
The Creature from Jekyll Island
Between the Wars
Conclusion: This Time Is Not Different
Appendix: Double Your Money in 45 Days
Index

Über Autor(innen)

Kaul, Vivek
Vivek Kaul has worked at senior positions with the Daily News and Analysis (DNA) and The Economic Times. His writings have appeared across various other publications in India. These include The Times of India, The Hindu, The Hindu Business Line, Indian Management, Asian Age, Deccan Chronicle, Forbes India, Quartz India, Mutual Fund Insight, and Wealth Insight. He has also written regularly for rediff.com. Currently, he is a regular columnist for firstpost.com and firstbiz.com. His areas of interest are political economy, the international financial crisis, personal finance, marketing and branding, and anything to do with cinema and music. His only regular hobby in life is watching movies first day first show. Every other hobby he had (reading, writing, listening to music) is now a part of his daily work routine. He blogs at http://teekhapan.wordpress.com/ and can be reached at [e-mail].