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Item Details
Title: FINANCE IN AMERICA
AN UNFINISHED STORY
By: Kevin R. Brine, Mary Poovey
Format: Hardback

List price: £82.50


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 022650204X
ISBN 13: 9780226502045
Publisher: THE UNIVERSITY OF CHICAGO PRESS
Pub. date: 1 October, 2017
Pages: 528
Synopsis: The economic crisis of 2008 led to an unprecedented focus on the world of high finance and revealed it to be far more arcane and influential than most people could ever have imagined. Any hope of avoiding future crises, it's clear, rest on understanding finance itself. To understand finance, however, we have to learn its history, and this book fills that need. Kevin R. Brine, an industry veteran, and Mary Poovey, an acclaimed historian, show that finance as we know it today emerged gradually in the late nineteenth century and only coalesced after World War II, becoming ever more complicated and ever more central to the American economy. The authors explain the models, regulations, and institutions at the heart of modern finance and uncover the complex and sometimes surprising origins of its critical features, such as corporate accounting standards, the Federal Reserve System, risk management practices, and American Keynesian and New Classic monetary economics. This book sees finance through its highs and lows, from pre-Depression to post-Recession, exploring the myriad ways in which the practices of finance and the realities of the economy influenced one another through the years.A masterwork of collaboration, Finance in America lays bare the theories and practices that constitute finance, opening up the discussion of its role and risks to a broad range of scholars and citizens.
Illustrations: 1 halftone, 2 line drawings
Publication: US
Imprint: University of Chicago Press
Returns: Returnable
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