Banking Economics

Sheila Bair is widely acknowledged in government circles and the media as one of the first people to identify and accurately assess the subprime crisis. Appointed by George W. Bush as the chairperson of the Federal Deposit Insurance Corporation (FDIC) in 2006, she witnessed the origins of the financial crisis and, in 2008, became - along with Hank Paulson, Ben Bernanke, and Timothy Geithner-one of the key players invested in repairing the damage to our economy.

The Promise of Blockchain delivers a clear, insightful, and surprisingly entertaining guide to one of the most hyped—and most misunderstood—technologies of our time. Economist and futurist Jason Schenker cuts through the confusion, decoding blockchain, Bitcoin, and crypto-assets for business professionals, investors, policymakers, and tech-curious readers alike. From poolside conversations with Federal Reserve officials to private briefings at NATO, Schenker has been on the front lines of blockchain’s rise. In this book, he distills years of research, speaking, and advising into a ...

This revolutionary economic model is a framework that can run on a national or global level. It is not a reversion to the old needs-based economy framework. This is a new model based on fiat that self-balances money supply for nations in a way that hasn't been done in the history of economics. A needs-based dollar updates our ancient system to one that is secure and fair.

Thomas Piketty's work has proved that unfettered markets lead to increasing inequality. Without meaningful regulation, capitalist economies will concentrate wealth in an ever smaller number of hands. Armed with this knowledge, democratic societies face a defining challenge: fending off a new aristocracy. For years Piketty has wrestled with this problem in his monthly newspaper column, which pierces the surface of current events to reveal the economic forces underneath.

Get the Paperback Version and receive the Kindle Version for FREE with Kindle Matchbook. Check out and follow the Author Page for more books on technology. Want to learn about Blockchain Technology? You have come to the right place! Have you ever wanted to know how Venmo works? Or how you’re able to purchase something over the internet with just a single click of a button? If you’re a technology junkie and are looking to expand your mind, then you need to download this book, Blockchain Blueprint - The Complete Guide to Blockchain Technology and How it is Creating a Revolution as soon as...

The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The end of slavery in the United States left thousands of enslaved people with the need to survive the transition to freedom, including food, clothing, shelter, and medical care. They would also need education, money and financial services. In 1865 Congress passed legislation to create the Freedman’s Bureau to provide those services. It also created the Freedman’s Savings Bank. Large numbers of the formerly enslaved people had been paid for service ...

What is wrong with today's banking system? The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid.

You would have to live under a rock not to know who Alan Greenspan is. But that's probably about as much as you know. Leave it to investigative reporter Bob Woodward to uncover the story of Greenspan and the power he wields as head of the Federal Reserve.

As incredible as it may seem in this hyper-connected, technologically advanced era, half the planet's population exist as financial nomads: those who nourish and shelter themselves without using traditional banking services. While the wealthy live at the top of a metaphorical pyramid, taking financial security and banking services for granted, there are billions of people who struggle at the pyramid's base in an exhausting state of financial exclusion and insecurity.

Provides an introduction to banks and banking, including what the workers do, why customers come into banks, and explains what happens to old money.

Amidst the wreckage of financial ruin, people are left puzzling about how it happened. Where did all the problems begin? For the answer, Jack Cashill, a journalist as shrewd as he is seasoned, looks past the headlines and deep into pages of history and comes back with the goods. From Plato to payday loans, from Aristotle to AIG, from Shakespeare to the Salomon Brothers, from the Medici to Bernie Madoff—in Popes and Bankers Jack Cashill unfurls a fascinating story of credit and debt, usury and “the sordid love of gain.”

Steven Mandis charts the evolution of Goldman Sachs from an ethical standard to a legal one and uncovers the forces behind what he calls Goldman's "organizational drift". Drawing from his firsthand experience; sociological research; analysis of SEC, congressional, and other filings; and a wide array of interviews with former clients, detractors, and current and former partners, Mandis exposes the pressures that forced Goldman to slowly drift away from the very principles on which its reputation was built.

Following the 2008 financial crisis, the Federal Reserve's monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible.

A heart-pounding journey into the seedy underbelly of global banking, "Ledgers of Power: The Silent Assassin" is set in a world where morality is a luxury and power are the ultimate currency. Meet Ethan: he's young, he's smart, and he's just on the cusp of a successful career. He is the epitome of a genius and a person who was destined for great things in life. Ethan finds himself thrust into the exhilarating world of high stakes finance after being recruited by the industry titan Veridical Solutions. There, he is trained to become an Economic Hit Man, a silent assassin who carries not a ...

A searing and comprehensive indictment of modern finance, The Captured Republic is a powerful, meticulously researched examination of how a cartel of Wall Street megabanks has systematically dismantled financial regulations, captured the mechanisms of government, and set the stage for the next global economic crisis. This ambitious work delivers a clear and compelling thesis: that the American republic has been compromised by a handful of financial institutions which have institutionalized moral hazard and turned the state into a guarantor for their private risk-taking. With the sharp prose...

In The Fix Was On, Murray Rothbard discusses why the United States replaced specie with fiat currency; the early days of American banking after the Revolutionary War; early central banks and the ultimate creation of the Federal Reserve; and how the Federal Reserve causes the boom/bust business cycle.

What is investment banking? How do investment bankers generate profit for their clients? What is the function of each specialty? How has the industry changed in the past decade? Investment Banking Explained answers these questions - and offers a complete overview of this complex industry. In easy-to-understand language, Investment Banking Explained provides everything you need to identify structures, strategies, and operational aspects of investment banking, and it offers thorough examinations of the operations of the world's most successful firms.

Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. White House Burning looks squarely at the burgeoning national debt and proposes to defuse its threat to our well-being without forcing struggling middle-class families and the elderly into poverty.

In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief counsel, the investigation had dragged on ineffectively for nearly a year and was universally written off as dead....

The cohost of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs. Money only works because we all agree to believe in it. In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century.