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Books > History > History of specific subjects > Economic history
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A Concise History of International Finance - From Babylon to Bernanke (Hardcover)
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A Concise History of International Finance - From Babylon to Bernanke (Hardcover)
Series: New Approaches to Economic and Social History
Expected to ship within 12 - 17 working days
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Ever since the financial crisis of 2008, doubts have been raised
about the future of capitalism. In this broad-ranging survey of
financial capitalism from antiquity to the present, Larry Neal
reveals the ways in which the financial innovations throughout
history have increased trade and prosperity as well as improving
standards of living. These innovations have, however, all too often
led to financial crises as a result of the failure of effective
coordination among banks, capital markets and governments. The book
examines this key interrelationship between financial innovation,
government regulation and financial crises across three thousand
years, showing through past successes and failures the key factors
that underpin any successful recovery and sustain economic growth.
The result is both an essential introduction to financial
capitalism and also a series of workable solutions that will help
both to preserve the gains we have already achieved and to mitigate
the dangers of future crises.
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