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Man vs. Markets: Economics Explained (Plain and Simple)

Autor Paddy Hirsch
en Limba Engleză Paperback – 27 aug 2012
Shows how international financial transactions are the same as those taking place in stores, car dealerships, and even playgrounds on Main Street. Using the knowledge of everyday experiences, this title offers explanations, anecdotes, and analogies of the instruments that power our financial system and that nearly caused its demise.
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Specificații

ISBN-13: 9780062196651
ISBN-10: 0062196650
Pagini: 224
Ilustrații: 94 Line Illustrations throughout
Dimensiuni: 178 x 229 x 14 mm
Greutate: 0.3 kg
Ediția:New.
Editura: HARPERCOLLINS;
Colecția HarperBusiness

Textul de pe ultima copertă

After years of TV and radio coverage, gallons of newsprint ink, and billions of scholarly opinions on the blogosphere, do we really understand the financial engineering that brought the global economy to the brink?
The terms and acronyms that make up the language of economics are enough to cause the layman's head to start spinning: leverage, securitization, futures, options, MBS, CDS, CDO. Luckily, we have veteran journalist Paddy Hirsch—senior producer at APM'sMarketplaceand acknowledged Whiteboard Guru—to help us crack the code. In Man vs. Markets, he proves that it's not impossible to understand what's going on in the glass-and-steel canyons of Wall Street; that most international financial transactions aren't all that different from those taking place every day in stores, in car dealerships, even on the playgrounds of Main Street.
Bonds? They're basically loans. Futures? You probably used one when you ordered your Thanksgiving turkey last year. Options? Ever bought a fully transferable, returnable airline ticket? That's pretty much the same thing.
With a winning combination of acquired wisdom, common sense, market savvy, and an outrageous sense of humor, Hirsch clearly explains and defines the instruments that power our financial system and very nearly caused its demise. Clever, insightful, hugely educational, and always entertaining,Man vs. Marketstranslates the often confusing language of finance, enabling every one of us to truly comprehend what makes the markets tick.