The Curse of Cash

Author: Kenneth S. Rogoff
Publisher: Princeton University Press
ISBN: 1400888727
Category : Business & Economics
Languages : en
Pages : 318

Book Description
“A brilliant and lucid new book” (John Lanchester, New York Times Magazine) about why paper money and digital currencies lie at the heart of many of the world’s most difficult problems—and their solutions In The Curse of Cash, acclaimed economist and bestselling author Kenneth Rogoff explores the past, present, and future of currency, showing why, contrary to conventional economic wisdom, the regulation of paper bills—and now digital currencies—lies at the heart some of the world’s most difficult problems, but also their potential solutions. When it comes to currency, history shows that the private sector often innovates but eventually the government regulates and appropriates. Using examples ranging from the history of standardized coinage to the development of paper money, Rogoff explains why the cryptocurrency boom will inevitably end with dominant digital currencies created and controlled by governments, regardless of what Bitcoin libertarians want. Advanced countries still urgently need to stem the global flood of large paper bills—the vast majority of which serve no legitimate purpose and only enable tax evasion and other crimes—but cryptocurrencies are like $100 bills on steroids. The Curse of Cash is filled with revealing insights about many of the most pressing issues facing monetary policymakers, from quantitative easing to alternative inflation targeting regimes. It also explains in detail why, if low interest rates persist, the best way to reinvigorate monetary policy is to implement fully effective and unconstrained negative interest rates. Provocative, engaging, and backed by compelling original arguments and evidence, The Curse of Cash has sparked widespread debate and its ideas have moved to the center of financial and policy discussions.

Oil to Cash

Author: Todd Moss
Publisher: CGD Books
ISBN: 1933286695
Category : Business & Economics
Languages : en
Pages : 190

Book Description
Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

This Time Is Different

Author: Carmen M. Reinhart
Publisher: Princeton University Press
ISBN: 0691152640
Category : Business & Economics
Languages : en
Pages : 513

Book Description
An empirical investigation of financial crises during the last 800 years.

Money Changes Everything

Author: William N. Goetzmann
Publisher: Princeton University Press
ISBN: 0691178372
Category : Business & Economics
Languages : en
Pages : 598

Book Description
"[A] magnificent history of money and finance."—New York Times Book Review "Convincingly makes the case that finance is a change-maker of change-makers."—Financial Times In the aftermath of recent financial crises, it's easy to see finance as a wrecking ball: something that destroys fortunes and jobs, and undermines governments and banks. In Money Changes Everything, leading financial historian William Goetzmann argues the exact opposite—that the development of finance has made the growth of civilizations possible. Goetzmann explains that finance is a time machine, a technology that allows us to move value forward and backward through time; and that this innovation has changed the very way we think about and plan for the future. He shows how finance was present at key moments in history: driving the invention of writing in ancient Mesopotamia, spurring the classical civilizations of Greece and Rome to become great empires, determining the rise and fall of dynasties in imperial China, and underwriting the trade expeditions that led Europeans to the New World. He also demonstrates how the apparatus we associate with a modern economy—stock markets, lines of credit, complex financial products, and international trade—were repeatedly developed, forgotten, and reinvented over the course of human history. Exploring the critical role of finance over the millennia, and around the world, Goetzmann details how wondrous financial technologies and institutions—money, bonds, banks, corporations, and more—have helped urban centers to expand and cultures to flourish. And it's not done reshaping our lives, as Goetzmann considers the challenges we face in the future, such as how to use the power of finance to care for an aging and expanding population. Money Changes Everything presents a fascinating look into the way that finance has steered the course of history.

The Purchasing Power of Money

Author: Irving Fisher
Publisher:
ISBN:
Category : Money
Languages : en
Pages : 558

Book Description

Who Was Johnny Cash?

Author: Jim Gigliotti
Publisher: Penguin
ISBN: 039954416X
Category : Juvenile Nonfiction
Languages : en
Pages : 113

Book Description
Was Johnny Cash always the rebellious "Man in Black" that we remember him as today? Find out in this biography from the #1 New York Times bestselling series that takes us from Cash's childhood on an Arkansas cotton farm to his first days in rockabilly through his most famous years as a country music legend and icon of American songwriting. Due to his wide range of musical talent and an incomparable career spanning forty-nine years, Johnny Cash has been inducted into the Country, Rock and Roll, Rockabilly, and Gospel Halls of Fame. He also won 18 Grammys and 9 Country Music Association Awards. Who Was Johnny Cash? lets young readers learn about every step in Johnny Cash's groundbreaking musical career. As one of the best-selling American musicians of all time, Cash, born JR Carter, was known for his rich, deep voice and musical style that featured a chugging, train-like beat.

Foundations of International Macroeconomics

Author: Maurice Obstfeld
Publisher: MIT Press
ISBN: 0262150476
Category : Business & Economics
Languages : en
Pages : 830

Book Description
Foundations of International Macroeconomics is an innovative text that offers the first integrative modern treatment of the core issues in open economy macroeconomics and finance. With its clear and accessible style, it is suitable for first-year graduate macroeconomics courses as well as graduate courses in international macroeconomics and finance. Each chapter incorporates an extensive and eclectic array of empirical evidence. For the beginning student, these examples provide motivation and aid in understanding the practical value of the economic models developed. For advanced researchers, they highlight key insights and conundrums in the field. Topic coverage includes intertemporal consumption and investment theory, government spending and budget deficits, finance theory and asset pricing, the implications of (and problems inherent in) international capital market integration, growth, inflation and seignorage, policy credibility, real and nominal exchange rate determination, and many interesting special topics such as speculative attacks, target exchange rate zones, and parallels between immigration and capital mobility. Most main results are derived both for the small country and world economy cases. The first seven chapters cover models of the real economy, while the final three chapters incorporate the economy's monetary side, including an innovative approach to bridging the usual chasm between real and monetary models.

Vengeance Is Mine, All Others Pay Cash

Author: Eka Kurniawan
Publisher: New Directions Publishing
ISBN: 0811226069
Category : Fiction
Languages : en
Pages : 233

Book Description
Vivid, bawdy, comic, and arresting, the exciting new novel by the Indonesian phenomenon, Eka Kurniawan Told in short, cinematic bursts, Vengeance Is Mine, All Others Pay Cash is gloriously pulpy. Ajo Kawir, a lower-class Javanese teenage boy excited about sex, likes to spy on fellow villagers in flagrante, but one night he ends up witnessing the savage rape of a beautiful crazy woman by two policemen. Deeply traumatized, he becomes impotent. His efforts to get his virility back all fail, and Ajo Kawir turns to fighting as a way to vent his frustrations. He gets such a fearsome reputation as a brawler that he is hired to kill a thug named The Tiger, but instead Ajo Kawir falls in love with Iteung, a gorgeous female bodyguard who works for the local mafia. Alas, the course of true love never did run smooth… Fast-forward a decade. Now a truck driver, Ajo Kawir has reached a new equanimity, thinking that his penis may be trying to teach him a lesson and even consulting it in many situations as if it were his guru—love may yet triumph. Vengeance Is Mine, All Others Pay Cash shows Eka Kurniawan in a gritty, comic, pungent mode that fans of Quentin Tarantino will appreciate. But even with its liberal peppering of fights, high-speed car chases, and ladies heaving with desire, the novel continues to explore Kurniawan’s familiar themes of female agency in a violent male world dominated by petty criminals and a corrupt police state.

Other People's Money

Author: Louis Dembitz Brandeis
Publisher: Binker North
ISBN:
Category : Business & Economics
Languages : en
Pages : 250

Book Description
The great monopoly in this country is money. So long as that exists, our old variety and individual energy of development are out of the question. A great industrial nation is controlled by its system of credit.

Gregor and the Curse of the Warmbloods

Author: Suzanne Collins
Publisher: Scholastic UK
ISBN: 1407130641
Category : Juvenile Fiction
Languages : en
Pages : 206

Book Description
Gregor and Boots must return to the Underland to help ward off a plague. It is spreading fast, and when it claims one of Gregor's family, he begins to truly understand his role in the Prophecy of Blood. Gregor must summon all his power to end the biological warfare that threatens the fate of every warmblooded creature.