Utilizing a multi-paradigmatic approach in considering the scientific methodology of mainstream financial economics, and suggesting improvements, this book identifies eleven biases of the scientific methodology of mainstream financial economics. It explores intellectual bias, local bias, fad bias, ideological bias, automaticity bias, confirmation bias, cultural bias, stereotyping bias, under-productivity bias, homogeneity bias, and isolation bias. Applying this approach, which consists of four key paradigms; functionalist, interpretive, radical humanist, and radical structuralist; Kavous Ardalan considers the methodology of mainstream financial economics and identifies these biases, the rectification of which provides a broad and balanced understanding of the multi-faceted subject matter. Generating insightful theories, concepts, and analytical tools, the multi-paradigmatic approach enables a systematic and methodical approach, in the discussion of which Ardalan commences with a foundational philosophical introduction and then applies it to the methodology of financial economics. The book concludes with useful guidance on broadening both teaching and research techniques using this valuable approach in a diverse world. Active scholars and researchers in financial economics and related fields will find this a fascinating alternative read to the more traditional books, alongside those looking for an alternative method of teaching this all-important field.

Using a range of calculative devices, (Mis)managing Macroprudential Expectations explores the methods used by central banks to predict and govern the tail risks that could impact financial stability. Through an in-depth case study, the book utilises empirically-informed theoretical analysis to capture these low-probability and high-impact events, and offers a novel conceptualisation of the role of risk modelling within the macroprudential policy agenda. The book asserts that central banks’ efforts to capture tail risks go beyond macroprudential policy objectives of identifying and monitoring systemic risks to financial stability. It illustrates how the calculation of tail risk contributes to managing the expectations that regulated institutions have around the Bank of England’s macroprudential approach, its willingness to support struggling institutions, and its use of novel macroprudential policy tools. Situating tail risk within the broader realm of climate finance, chapters contend that the identification of future climate tail risks simultaneously reveals opportunities for private profit and non-bank lending within the financial system, in ways that are potentially destabilizing. The book concludes by highlighting the social and political limitations of central banks’ new macroprudential approach. Transdisciplinary in approach, this book will be invaluable to students and scholars interested in the intersections between climate studies, political science and public policy, environmental economics, banking and finance, and political economy. Its practical applications will also be a useful resource to climate and finance policymakers working in central banking.

Financial advisor and TV presenter Emmanuel Asuquo, is here to prove that learning about money does not have to be boring, especially as we battle through the current cost of living crisis. Get Your Money Right is a no-nonsense, no jargon guide to money, written by the TV financial expert Emmanuel Asuquo who grew up in Tower Hamlets, where nobody talked about money, looking at Canary Wharf, where he thought everybody talked about it all day. It is designed to take you from wherever you are financially to a place where you are in CONTROL of your money, so that you can earn more of it, build wealth and finally, pass it on to the next generation. Emmanuel takes complicated financial principles and break them down into practical, easy-to-understand concepts; he may be an Instagram superstar, but he is also a certified financial adviser as well. He explains the basics of finance and what you must look out for - whether it is getting a Money Mindset, Building Good Financial Habits, through to how to spend it on property, cars, pensions or savings. To make all of this more understandable, he shares stories of clients he has helped and the mess they were in before they met him, giving specific tips into how he helped them out of their situation. Get Your Money Right will allow you to understand: The UK Financial System, Financial Education in the UK, Money Mindset, Building Good Financial Habits, Working a Nine-to-Five, Running a Business/Setting up a Side Hustle, Budgeting, How to Spend Money, The UK Credit System, Borrowing, Saving, Pensions, Investing, Property, Protecting your assets, Generational Wealth, Philanthropy Usually, with money, you need to learn from your mistakes, but now you can just read this book and learn from other people's and the advice of a qualified financial adviser. We can confirm that this book is great investment - it is the first step to understanding your money and making it work for you. Time to take CONTROL.

A sensational and compelling insider's view that lifts the lid on the fast-paced and dazzling world of derivatives, now in a smaller, paperback format.

Traders Guns and Money is a wickedly comic expose of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people's money.

This sensational insider's view of the business of trading and marketing derivatives, explains the frighteningly central role that derivatives and financial products played in the global financial crisis.

This worldwide bestseller reveals the truth about derivatives: those financial tools memorably described by Warren Buffett as 'financial weapons of mass destruction'. Traders, Guns and Money will introduce you to the players and the practices and reveals how the real money is made and lost.

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business, and law, expertly written by the world’s leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Through detailed discussion of the central principles of behavioral finance, this enlightening Advanced Introduction provides a balanced exploration of the broad issues within the field. Chapters explain the continuous development of the discipline and provide a useful differentiation between behavioral finance and standard finance. Key Features: Illustrates the various challenges and opportunities facing behavioral finance Provides clear definitions of key terms within the subject area of behavioral finance Investigates applications of behavioral finance in financial decision-making, including within corporate finance Explains why blending behavioral and standard approaches would likely improve financial understanding and lead to better decision-making This illuminating Advanced Introduction will be valuable for academics, researchers, and practitioners interested in behavioral finance. Students researching behavioral economics, economic psychology, and financial economics will also find it informative.