Appointed as president and CEO of Olympus in April 2011, Michael Woodford became the first company president to blow the whistle on his own firm, having uncovered, investigated and publicly exposed a $1.7 billion accounting fraud. 'Exposure' is Woodford's account of how he chose the truth over an $8 million dollar retainer.
Appointed as president and CEO of Olympus in April 2011, Michael Woodford became the first company president to blow the whistle on his own firm, havi...
With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure "fiat" currencies be managed so as to create confidence in the stability of national units of account?
Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient...
With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet...