This book traces the evolution of the highly integrated global financial system from 1750 to the present. It examines the corporate form of business organization in the 18th century that saw an explosion of growth in the 19th, which facilitated the international movement of capital. The author also deals with the parallel growth of financial markets and explains how the need to finance public debts paved the way for stock markets as well as outlining the role of private merchant bankers, who originated as international bankers with family-run offices across Europe. He charts the development...
This book traces the evolution of the highly integrated global financial system from 1750 to the present. It examines the corporate form of business o...
The strictly mathematical foundation of conventional economic theories has resulted in circumscribed analyses of world economic history. Larry Allen's groundbreaking The Global Economic System since 1945, in contrast, re-evaluates world economic history in a context that recognizes and avoids the inherent limitations of mathematical models. The Global Economic System since 1945 does not shun economic theory, but rather uses it as a tool to reassess recent world economic history. Allen describes how, starting at the end of World War Two, powerful corporations lobbied...
The strictly mathematical foundation of conventional economic theories has resulted in circumscribed analyses of world economic history. Larry Allen's...
From Adam Smith and the Industrial Revolution to Wall Street and multinational corporations, capitalism has long been one of the world's leading economic systems. This work traces the evolution of capitalism from its roots in medieval Europe's rigid economy, through the laissez-faire abuses of the 19th century, to its contemporary form as shaped by competition with socialism.
From Adam Smith and the Industrial Revolution to Wall Street and multinational corporations, capitalism has long been one of the world's leading econo...
The original edition of "The Encyclopedia of Money" won widespread acclaim for explaining the function and dysfunction of the financial system in a language any reader could understand. Now a decade later, with a more globally integrated, market-oriented world, and with consumers trying to make sense of subprime mortgages, credit default swaps, and bank stress tests, the "Encyclopedia" returns in an expanded new edition.
From the development of metal and paper currency to the ongoing global economic crisis, the rigorously updated "The Encyclopedia of Money, Second Edition" is the most...
The original edition of "The Encyclopedia of Money" won widespread acclaim for explaining the function and dysfunction of the financial system in a...