Why do markets crash and bank panics happen? Conventional wisdom has gathered, like iron filings, at two intellectual poles: at one extreme is a hodge-podge of idiosyncratic, period-specific causes and at the other is a host of all-encompassing ´´single bullet´´ theories. In The Panic of 1907, authors Robert Bruner and Sean Carr offer an alternate perspective through a detailed narrative of one of the worst crises in modern financial history - one which ultimately transformed the American financial system and resulted in the establishment of the modern Federal Reserve. Drawing from rare source materials, Bruner and Carr take you day by day through the crisis in 1907, revealing what happened, why it matters, and what we can learn from it. Beginning with a catastrophic earthquake in San Francisco and culminating in the shocking suicide of the deposed president of one of New York´s leading financial institutions, this book will draw you into the central issues surrounding the panic of 1907.With The Panic of 1907 as your guide, you´ll be prepared to assess, understand, and anticipate the factors that can lead to a crisis 1. Language: English. Narrator: Jay Snyder. Audio sample: http://samples.audible.de/bk/adbl/000971/bk_adbl_000971_sample.mp3. Digital audiobook in aax.
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. Admati and Hellwig argue we can have a safer and healthier banking system without sacrificing any of the benefits of the system, and at essentially no cost to society. They show that banks are as fragile as they are not because they must be, but because they want to be - and they get away with it. Whereas this situation benefits bankers, it distorts the economy and exposes the public to unnecessary risks. Weak regulation and ineffective enforcement allowed the buildup of risks that ushered in the financial crisis of 2007-2009. Much can be done to create a better system and prevent crises. Yet the lessons from the crisis have not been learned. Admati and Hellwig seek to engage the broader public in the debate by cutting through the jargon of banking, clearing the fog of confusion, and presenting the issues in simple and accessible terms. The Bankers´ New Clothes calls for ambitious reform and outlines specific and highly beneficial steps that can be taken immediately.PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio. 1. Language: English. Narrator: Eva Wilhelm. Audio sample: http://samples.audible.de/bk/adbl/011666/bk_adbl_011666_sample.mp3. Digital audiobook in aax.
A million copy seller, a classic economic primer and a fundamental influence on modern libertarian economics. Considered among the leading economic thinkers, Hazlitt was a libertarian philosopher, an economist and a journalist. Written in 1946, this seminal work is concise, instructive, deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Many current economic commentators credit Hazlitt with foreseeing the collapse of the global economy, making this ever relevant.
Economics in One Lesson:The Shortest and Surest Way to Understand Basic Economics Henry Hazlitt
Economics in Three Lessons and One Hundred Economics Laws:Two Works in One Volume Hunter Lewis
International Economics: Theory, Practice and Lessons for Africa: Tavonga Njaya
Called by H.L. Mencken, ´´one of the few economists in history who could really write,´´ Henry Hazlitt achieved lasting fame for his brilliant but concise work. In it, he explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession. Covering considerable ground, Hazlitt illustrates the destructive effects of taxes, rent and price controls, inflation, trade restrictions, and minimum wage laws. And, he writes about key classical liberal thinkers like John Locke, Adam Smith, Thomas Jefferson, John Stuart Mill, Alexis de Tocqueville, and Herbert Spencer. Please Note: This audiobook is in Arabic. 1. Language: English. Narrator: Jeff Riggenbach. Audio sample: http://samples.audible.de/bk/blak/000058/bk_blak_000058_sample.mp3. Digital audiobook in aax.
Lessons from the Economics of Crime:What Reduces Offending? Philip J. Cook, Stephen Machin, Olivier Marie, Giovanni Mastrobuoni
Post-Stabilization Economics in Sub-Saharan Africa: Lessons from Mozambique:INTERNATIONAL MONETARY FUND Shanaka Peiris