How society's undervaluing of life puts all of us at risk-and the groundbreaking economic measure that can fix itLike it or not, sometimes we need to put a monetary value on people's lives.
The scientific study of complex systems has transformed a wide range of disciplines in recent years, enabling researchers in both the natural and social sciences to model and predict phenomena as diverse as earthquakes, global warming, demographic patterns, financial crises, and the failure of materials.
How philosophical differences between Eurozone nations led to the Euro crisis-and where to go from hereWhy is Europe's great monetary endeavor, the Euro, in trouble?
Why the free-market system encourages so much trickery even as it creates so much goodEver since Adam Smith, the central teaching of economics has been that free markets provide us with material well-being, as if by an invisible hand.
Financial market behavior and key trading strategies-illuminated by interviews with top hedge fund expertsEfficiently Inefficient describes the key trading strategies used by hedge funds and demystifies the secret world of active investing.
The story of GDP and why we need a better measurement of growthIn one lifetime, GDP, or Gross Domestic Product, has ballooned from a narrow economic tool into a global article of faith.
Why our banking system is broken-and what we must do to fix itAs memories of the Global Financial Crisis have faded, it has been tempting to believe that the banking system is now safe and that we will never again have to choose between havoc and massive bailouts.
We've been assured that the recession is over, but the country and the economy continue to feel the effects of the 2008 financial crisis, and people are still searching for answers about what caused it, what it has wrought, and how we can recover.
A concise introduction to modeling over-the-counter marketsOver-the-counter (OTC) markets for derivatives, collateralized debt obligations, and repurchase agreements played a significant role in the global financial crisis.
An authoritative graduate textbook on information choice, an exciting frontier of research in economics and financeMost theories in economics and finance predict what people will do, given what they know about the world around them.
A behind-the-scenes account of the derivatives business at a major investment bankThe financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008.
The Theory of Taxation and Public Economics presents a unified conceptual framework for analyzing taxation--the first to be systematically developed in several decades.
This fast-paced book by Yale professors Michael Graetz and Ian Shapiro unravels the following mystery: How is it that the estate tax, which has been on the books continuously since 1916 and is paid by only the wealthiest two percent of Americans, was repealed in 2001 with broad bipartisan support?
Global private regulations-who wins, who loses, and whyOver the past two decades, governments have delegated extensive regulatory authority to international private-sector organizations.
A powerful challenge to contemporary economics and a new agenda for global financeIn the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality.
An international perspective on the financial crisis and the future of banking regulationThe financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system.
The hedge fund industry has grown dramatically over the last two decades, with more than eight thousand funds now controlling close to two trillion dollars.
A leading finance expert explains how and why big banks fail-and what can be done to prevent itDealer banks-that is, large banks that deal in securities and derivatives, such as J.
The efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure--exchanges, central counter-parties, and central securities depositories.
A nonpartisan plan of action for fixing the global economy from fifteen of the world's leading economistsIn the fall of 2008, fifteen of the world's leading economists-representing the broadest spectrum of economic opinion-gathered at New Hampshire's Squam Lake.
The right of governments to employ capital controls has always been the official orthodoxy of the International Monetary Fund, and the organization's formal rules providing this right have not changed significantly since the IMF was founded in 1945.
The ways financial analysts, traders, and other specialists use information and learn from each other are of fundamental importance to understanding how markets work and prices are set.
For over half a century, financial experts have regarded the movements of markets as a random walk--unpredictable meanderings akin to a drunkard's unsteady gait--and this hypothesis has become a cornerstone of modern financial economics and many investment strategies.
In Investors and Markets, Nobel Prize-winning financial economist William Sharpe shows that investment professionals cannot make good portfolio choices unless they understand the determinants of asset prices.
Asset Pricing Theory is an advanced textbook for doctoral students and researchers that offers a modern introduction to the theoretical and methodological foundations of competitive asset pricing.
Originally published in 2003, Mathematical Techniques in Finance has become a standard textbook for master's-level finance courses containing a significant quantitative element while also being suitable for finance PhD students.
The acclaimed New York Times bestselling history of financial crisesThroughout history, rich and poor countries alike have been lending, borrowing, crashing, and recovering their way through an extraordinary range of financial crises.
In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders.
During the 1990s, the United States underwent a dramatic transformation: investing in stocks, once the province of a privileged elite, became a mass activity involving more than half of Americans.
LEARN STRATAGIES FOR SUCCESSFUL DEAL MAKINGStar of the hit show Million Dollar Listing Los Angeles, Josh Flagg shares his secrets to mastering any negotiation in any industry and at any level.
BUILD GENERATIONAL WEALTH WITH CLEAR AND ACTIONABLE INVESTMENT STRATEGIESCassandra Cummings, leading financial expert, and founder of The Stocks & Stilettos Society, shows women how to crush their financial goals, overcome their fears, and grow their wealth through the power of investing.
Get tested and proven advice on how to navigate risk and succeed in all phases of business ownership from a successful entrepreneur who turned a small startup into a billion-dollar company.
Discover how this leader-focused approach to understanding, managing, and maximizing organizational diversity and inclusion can increase employee retention and productivity.
Donald Trump has gathered in one book the best advice on real estate from the brightest and most experienced people ';Don't try to take the last penny off the table; make sure that the people who buy from you also make money.
In Investors and Markets, Nobel Prize-winning financial economist William Sharpe shows that investment professionals cannot make good portfolio choices unless they understand the determinants of asset prices.
An in-depth look at the history, leadership, and structure of the Federal Reserve BankThe independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics.
