A searing indictment of global finance, exploring how the banking sector grew from a supporter of business to the biggest business in the world, and showing how societies might fight against financial
Financial journalist Nicholas Shaxson first made his reputation studying the "resource curse," seeing first-hand the disastrous economic and societal effects of the discovery of oil in Angola. He then
Global finance is a system that works for the few and against the many. We need finance – but when finance grows too big it becomes a curse. Far from being the geese that lay the golden eggs, Wall Str
For almost as long as economics has been a profession, the role of natural resources in the promotion of economic growth has been among the core issues of development theory. Some newer theories sugge
The Global Curse of the Federal Reserve reveals and explores the missing link between the Austrian School of Economics and behavioral finance theory. Monetary instability is the source of the waves of
The twin themes of computational complexity and information pervade this 1998 book. It starts with an introduction to the computational complexity of continuous mathematical models, that is, information-based complexity. This is then used to illustrate a variety of topics, including breaking the curse of dimensionality, complexity of path integration, solvability of ill-posed problems, the value of information in computation, assigning values to mathematical hypotheses, and new, improved methods for mathematical finance. The style is informal, and the goals are exposition, insight and motivation. A comprehensive bibliography is provided, to which readers are referred for precise statements of results and their proofs. As the first introductory book on the subject it will be invaluable as a guide to the area for the many students and researchers whose disciplines, ranging from physics to finance, are influenced by the computational complexity of continuous problems.
