Why our addiction to debt caused the global financial crisis and is the root of our financial woes
Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn't happen because banks are too big to fail--our addiction to private debt is to blame.
Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth--but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices. Turner also debunks the big myth about fiat money--the erroneous notion that printing money will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government debt and finance fiscal deficits with central-bank money.
Between Debt and the Devil shows why we need to reject the assumptions that private credit is essential to growth and fiat money is inevitably dangerous. Each has its advantages, and each creates risks that public policy must consciously balance.
Автор: Cowen David, Sylla Richard Название: Alexander Hamilton on Finance, Credit, and Debt ISBN: 0231184573 ISBN-13(EAN): 9780231184571 Издательство: Wiley Рейтинг: Цена: 14770.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: This book traces the development of Alexander Hamilton`s financial thinking, policies, and actions through a selection of his writings. The financial historians and Hamilton experts Richard Sylla and David J. Cowen provide commentary that demonstrates the impact Hamilton had on the modern economic system.
If you want to discover how to effectively repair your credit, pay off debt and save money, then keep reading...
Are you sick and tired of being the victim of faulty credit reporting or mistakes of the past?
Have you thought about doing something about your credit score but feel overwhelmed and don't know where to start?
Do you finally want to say goodbye to being worried the next time a potential employer, landlord or bank says they are going to check your credit?
If so, then you've come to the right place.
You see, improving your credit score doesn't have to be as difficult as many think it is.
Inside this book, you will learn the factors that affect your credit score and how you can fix them. You will also discover ways to pay off debt.
If you have been struggling to save money or manage your finances effectively, then this book will give you the methods that will allow you to start saving for your future.
In this book, you will learn about:
Boosting Your Credit Score
Paying Off Debt
Saving Money
Managing Your Personal Finances in a Stress-Free Way
And much, much more
Take a second to imagine how you'll feel once you have increased the probability of finding a job or even being accepted as a new tenant because employers and landlords now look at you differently.
And how your family and friends will react when you have your finances in order.
So even if you've made financial mistakes in the past, you can start moving your finances in the right direction.
And if you have a burning desire to boost your credit score, pay off debt and save money, then scroll up and click "add to cart"
Автор: Howexpert, Jones Norbert Название: How to Get Out of Credit Card Debt: 12 Actionable Steps to Get Out of Debt Fast ISBN: 1647580854 ISBN-13(EAN): 9781647580858 Издательство: Неизвестно Рейтинг: Цена: 43670.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: If you want to get out of credit card debt fast, then get this book!Credit card debt is a form of unsecured debt taken from a financial tool usually credit cards. These credit card debts are generated when credit card holder purchases products from these cards and accumulates due to the interest charged on it.
Автор: Wright Scott Название: Money Management: The Ultimate Guide to Budgeting, Frugal Living, Getting out of Debt, Credit Repair, and Managing Your Personal Finance ISBN: 195092470X ISBN-13(EAN): 9781950924707 Издательство: Неизвестно Рейтинг: Цена: 27580.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: Do you want to be in total control of your expenses and the money you make?Have you tried writing your income and expenses down...but nothing seems to work for more than a few weeks?Do you finally want to say goodbye to worry surrounding money and discover something which works for you?If so, then you`ve come to the right place.
Автор: Richard Holcombe Kilbourne Название: Debt, Investment, Slaves: Credit Relations in East Feliciana Parish, Louisiana, 1825-1885 ISBN: 0817357750 ISBN-13(EAN): 9780817357757 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 27720.00 T Наличие на складе: Невозможна поставка. Описание: A thorough survey of parish mortgage records and other manuscript collections led to the conclusion that most credit relationships, collateralized and uncollateralized, were grounded in slave property as opposed to land or other forms of wealth. Uncollateralized debt was directly dependent on the relative wealth of parish residents, and the bulk of most portfolios consisted of slaves. Emancipation and the Civil War occasioned a monumental credit implosion from which the local economy never recovered, at least for the remainder of the 19th century. Kilbourne makes an extensive examination of postwar debt distress and the evolution of sharecropping and tenancy. Even the wealthiest households were in the throes of debt distress as was evidenced by the numerous suits by wives for separations of property. A peculiar recoding requirement for crop privileges and pledges in the years from 1870 to 1880 made it possible to determine the amount of credit available in the postwar decades. Kilbourne shows that credit facilities contracted by 90 percent in the two decades following the Civil War. The decline in credit facilities parallels the decline in household wealth levels. Kilbourne disagrees with earlier scholars on the role of furnishing merchants in shaping the postbellum agricultural order. Furnishing merchants did become relatively more important in financing agriculture in the postwar decade, but they were not the successors of antebellum firms. Local merchants actually provided less credit than they had furnished before the Civil War to small cotton farmers who had made up two-thirds of the growers in the parish in 1860. Slavery made for a unique labor market, and this situation influenced the evolution of the credit system in the region. Emancipation was a revolutionary break with what had gone before. The focus of the credit system shifted from slaves to cotton. Land did form most postbellum planter portfolios, but it did not fill the void left by emancipation, and wealth levels remained substantially below antebellum ones. The credit system became highly localized in the postwar decades, and this fact was instrumental in shaping postbellum planting arrangements.
Автор: Hamilton Alexander Название: Alexander Hamilton on Finance, Credit, and Debt ISBN: 0231184565 ISBN-13(EAN): 9780231184564 Издательство: Wiley Рейтинг: Цена: 26400.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: This book traces the development of Alexander Hamilton`s financial thinking, policies, and actions through a selection of his writings. The financial historians and Hamilton experts Richard Sylla and David J. Cowen provide commentary that demonstrates the impact Hamilton had on the modern economic system, guiding readers through Hamilton`s distinguished career.
Автор: Ammendola, Giuseppe Название: From Creditor to Debtor ISBN: 0815361211 ISBN-13(EAN): 9780815361213 Издательство: Taylor&Francis Рейтинг: Цена: 32650.00 T Наличие на складе: Нет в наличии. Описание: This study, first published in 1994, examines an important issue, the repeal of the thirty percent withholding tax imposed by the US on interest payments to non-resident alien individuals and foreign corporations, that is emblematic of the US quest for foreign capital in the 1980s.
Автор: Douglas G. Baird, Thomas H. Jackson, Theodore Eisenberg Название: Commercial and Debtor-Creditor Law Selected Statutes, 2019 Edition ISBN: 1642429139 ISBN-13(EAN): 9781642429138 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 72070.00 T Наличие на складе: Нет в наличии. Описание: Receive complimentary lifetime digital access to the eBook with new print purchase. This statutory supplement combines the most useful statutes for courses in contracts, commercial law, secured transactions, commercial paper, sales, bankruptcy, debtor-creditor law, and corporate reorganizations.
Автор: Lando, David Название: Credit Risk Modeling ISBN: 0691089299 ISBN-13(EAN): 9780691089294 Издательство: Wiley Рейтинг: Цена: 115110.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: Credit risk is today one of the most intensely studied topics in quantitative finance. This book provides an introduction and overview for readers who seek an up-to-date reference to the central problems of the field and to the tools currently used to analyze them. The book is aimed at researchers and students in finance, at quantitative analysts i
Название: Handbook for Developing Joint Crediting Mechanism Projects ISBN: 9292577174 ISBN-13(EAN): 9789292577179 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 20900.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: The Joint Crediting Mechanism (JCM) is an emerging project-based bilateral off set crediting mechanism initiated by the Government of Japan to facilitate implementation of advanced low-carbon technologies for mitigating greenhouse gas (GHG) emissions in host countries. The Government of Japan has signed bilateral agreements with 16 countries, including 10 ADB developing members, for implementing JCM projects. JCM credits may be used to meet respective GHG emission reduction targets of relevant governments and project participants. This handbook provides the procedural steps of JCM project development cycle leading up to the issuance of JCM credits.
Автор: Duffie, Darrell Singleton, Kenneth J. Название: Credit risk ISBN: 0691090467 ISBN-13(EAN): 9780691090467 Издательство: Wiley Рейтинг: Цена: 68640.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: Offers a treatment of the conceptual, practical, and empirical foundations for credit risk pricing and risk measurement. This book models credit risk for the purpose of measuring portfolio risk and pricing defaultable bonds, credit derivatives, and other securities exposed to credit risk. It is intended as a resource for researchers and students.
Казахстан, 010000 г. Астана, проспект Туран 43/5, НП2 (офис 2) ТОО "Логобук" Тел:+7 707 857-29-98 ,+7(7172) 65-23-70 www.logobook.kz
