A01=Morgan Ricks
america
analysis
Author_Morgan Ricks
banking
banks
Category=KFF
change
contemporary
crisis
economics
economy
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
experiment
finance
financial
funding
funds
income
institutional
institutions
modern
monetary
money
policy
prevention
private
public
question
reform
regulating
regulation
sector
stability
theoretical
theory
united states
usa
wealth
Product details
- ISBN 9780226330327
- Weight: 652g
- Dimensions: 16 x 23mm
- Publication Date: 09 Mar 2016
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Hardback
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Years have passed since the world experienced one of the worst financial crises in history, and while countless experts have analyzed it, many central questions remain unanswered. Should money creation be considered a ‘public’ or ‘private’ activity—or both? What do we mean by, and want from, financial stability? What role should regulation play? How would we design our monetary institutions if we could start from scratch?
In The Money Problem, Morgan Ricks addresses all of these questions and more, offering a practical yet elegant blueprint for a modernized system of money and banking—one that, crucially, can be accomplished through incremental changes to the United States’ current system. He brings a critical, missing dimension to the ongoing debates over financial stability policy, arguing that the issue is primarily one of monetary system design. The Money Problem offers a way to mitigate the risk of catastrophic panic in the future, and it will expand the financial reform conversation in the United States and abroad.
In The Money Problem, Morgan Ricks addresses all of these questions and more, offering a practical yet elegant blueprint for a modernized system of money and banking—one that, crucially, can be accomplished through incremental changes to the United States’ current system. He brings a critical, missing dimension to the ongoing debates over financial stability policy, arguing that the issue is primarily one of monetary system design. The Money Problem offers a way to mitigate the risk of catastrophic panic in the future, and it will expand the financial reform conversation in the United States and abroad.
