LEADER 04984nam 2200673 450 001 9910132171503321 005 20200520144314.0 010 $a1-118-93580-2 010 $a1-118-93583-7 010 $a1-118-93581-0 035 $a(CKB)3710000000237967 035 $a(EBL)1781086 035 $a(OCoLC)883391784 035 $a(DLC) 2014027073 035 $a(Au-PeEL)EBL1781086 035 $a(CaPaEBR)ebr10929016 035 $a(CaONFJC)MIL651290 035 $a(CaSebORM)9781118935798 035 $a(MiAaPQ)EBC1781086 035 $a(EXLCZ)993710000000237967 100 $a20140920h20142014 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aFinancial stability $efraud, confidence and the wealth of nations /$fFrederick L. Feldkamp and R. Christopher Whalen 205 $a1st edition 210 1$aHoboken, New Jersey :$cWiley,$d2014. 210 4$dİ2014 215 $a1 online resource (259 p.) 225 1 $aWiley Finance Series 300 $aDescription based upon print version of record. 311 $a1-322-20010-6 311 $a1-118-93579-9 320 $aIncludes bibliographical references and index. 327 $aMachine generated contents note: Preface Introduction Part 1: A Flight through Financial Market History--Freedom and Fraud Chapter 1. The First Few Millennia Chapter 2. The Bank of England and the Scottish Enlightenment Chapter 3. U.S. Banking, from British Colonies to 1865 Chapter 4. Bagehot's Dictum (a.k.a. the "Greenspan Put") Chapter 5. U.S. Financial Markets from 1865 to the Great Depression Chapter 6. Depression, War, and Aftermath--Reflecting on Finance from 1929 to 1973 Chapter 7. Early Deregulation: The Transactions that Replaced Depression Era Thrifts Chapter 8. Riskless Arbitrage--Stand-alone Collateralized Mortgage Obligations ("CMOs") Chapter 9. Paradise Gained, Lost, Regained, and Destroyed--1992 to 2008 Chapter 10. Resurrection, Recovery and Reform--2008-2013 Chapter 11. Different Circumstances Require Different Solutions Part 2: The Theory of Financial Stability Chapter 12. Statement: Rule of Law + Freedom + Transparency → Equilibrium Chapter 13. Saying vs. Doing Part 3: Proofs of the Theory of Financial Stability Chapter 14. Mathematics: (1 + i)x > (E = mc2) Chapter 15. Law: Incomplete "Sale" [equiv] Secured Borrowing Chapter 16. Economics: Savings [equiv] Investment Chapter 17. Accounting: Assets [equiv] Liabilities + Capital Chapter 18. International Trade: Current Account Deficit [equiv] Capital Investment -- Domestic Savings Chapter 19. Philosophy: Benevolence > Self Interest > Fraud Part 4: The Future Chapter 20. Achieving Wisdom While Avoiding Mistakes of Experience Chapter 21. Capital Needs Chapter 22. Sources of Capital Chapter 23. Managing the Water Balloon Chapter 24. Balancing the Bubbles Epilogue: Truth and Consequences References About the Companion Website About the Authors Index . 330 $a"Financial Stability describes the economic, political and legal antecedents of financial crises in the western market economies. By describing how these events developed in the past and how the markets can be used to gauge the threat of future contagion, the book provides a roadmap for how we can avoid financial disruptions and thereby maximize financial stability and economic prosperity. The book will explain: Measuring moral hazard in the future Political reaction to past financial crises Economics, accounting, law, and mathematics surrounding financial stability Sources of capital and capital needFinancial Stability provides investment professionals, policy makers and members of the public with new insights into the workings of the financial markets and the political economy in which we all live and work"--$cProvided by publisher. 330 $a"Describes the economic, political and legal antecedents of financial crises in the western market economies. By describing how these events developed in the past and how the markets can be used to gauge the threat of future contagion, the book provides a roadmap for how we can avoid financial disruptions and thereby maximize financial stability and economic prosperity"--$cProvided by publisher. 410 0$aWiley finance series. 606 $aFinancial crises$xHistory 606 $aEconomic security$xHistory 606 $aFiscal policy$xHistory 606 $aFinance$xHistory 615 0$aFinancial crises$xHistory. 615 0$aEconomic security$xHistory. 615 0$aFiscal policy$xHistory. 615 0$aFinance$xHistory. 676 $a338.5/42 686 $aBUS027000$aBUS022000$2bisacsh 700 $aFeldkamp$b Frederick L.$0942112 702 $aWhalen$b R. Christopher$f1959- 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910132171503321 996 $aFinancial stability$92125752 997 $aUNINA