Casino CapitalismClear and accessible style making easy reading. Challenges conventional ideas, particularly in economics. Based on long study of international monetary relations and global financial markets. |
Contents
Key Decisions and their Consequences | 25 |
Some Other Interpretations | 60 |
Betting in the Dark | 103 |
The Guessing Game | 121 |
Some Prescriptions | 146 |
Cooling the Casino | 170 |
Bibliography | 194 |
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Common terms and phrases
allowed American banks assets balance of payments bankers banking system billion borrowing Bretton Woods system British capital casino cent central banks commodity consequences corporations costs creditors crisis currency D-marks dealing debt problem debtor deficit demand deposits depression developing countries dollar domestic economic economists Eurobanking Eurocurrency Eurocurrency market Eurodollar Euromarkets Europe European exchange rates export Federal Reserve Federal Reserve System financial markets foreign exchange markets funds German global governments growth important increased industrialized countries inflation instability interbank interest rates international banking international organizations investment Japan Johannes Witteveen Keohane key decisions Keynesian labour lending less loans long-term major marxist ments monetarist monetary authorities monetary base money supply non-decision oil price OPEC operations Paul Volcker political production profits protectionism relations responsibility risk SDRs share short-term social solution speculative stability tion trade transactions uncertainty United volatility weak world economy world market York