Monday, 15 December 2014

Easy Money

Easy Money: Evolution of Money from Robinson Crusoe to the First World War by Vivek Kaul from Sage India.

A man hears what he wants to hear and disregards the rest, wrote singer and songwriter Paul Simon some decades back. Books on the current financial crisis which started in late 2008 are a tad like that. Until w they have tended to deal with certain aspects of the crisis without looking at the bigger picture of what really went wrong.

That bigger picture of the ongoing financial crisis has w started to evolve. Easy Money captures this big picture. The history of money and the financial system as it has evolved over the centuries stand at the heart of this endeavor. It explores the idea that the evolution of money over centuries has led to an easy money policy being followed by governments and central banks across the world, which in turn has fueled humongous Ponzi schemes, which have w started to unravel, bringing the whole world on the brink of a financial disaster.

The book also explains how the lessons of the financial crisis have still t been learned, and in trying to deal with it, governments across the world are making the same mistakes which led to the current crisis in the first place.

In our Management Studies section, Rs. 395, in paperback, 300 pages, ISBN: 9788132113423

No comments:

Post a Comment