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Paperback Derivatives and the Wealth of Societies Book

ISBN: 022639283X

ISBN13: 9780226392837

Derivatives and the Wealth of Societies

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Format: Paperback

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Book Overview

Derivatives were responsible for one of the worst financial meltdowns in history, one from which we have not yet fully recovered. However, they are likewise capable of generating some of the most incredible wealth we have ever seen. This book asks how we might ensure the latter while avoiding the former. Looking past the usual arguments for the regulation or abolition of derivative finance, it asks a more probing question: what kinds of social institutions...

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