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The Money Formula Dodgy Finance, Pseudo Science, a

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Book Title
The Money Formula Dodgy Finance, Pseudo Science, a
ISBN
9781119358619
Publication Year
2017
Type
Textbook
Format
Paperback
Language
English
Publication Name
The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took over the Markets
Item Height
228mm
Author
Paul Wilmott, David Orrell
Publisher
John Wiley & Sons INC International Concepts
Item Width
154mm
Subject
Accounting
Item Weight
388g
Number of Pages
264 Pages

About this product

Product Information

Explore the deadly elegance of finance's hidden powerhouse The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective ? but from a preventative point of view ? this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy. You'll learn how the deadly allure of their ice-cold beauty has misled generations of economists and investors, and how continued reliance on these formulas can either assist future economic development, or send the global economy into the financial equivalent of a cardiac arrest. Rather than rehash tales of post-crisis fallout, this book focuses on preventing the next one. By exploring the heart of the shadow economy, you'll be better prepared to ride the rough waves of finance into the turbulent future. Delve into one of the world's least-understood but highest-impact industries Understand the key principles of quantitative finance and the evolution of the field Learn what quantitative finance has become, and how it affects us all Discover how the industry's next steps dictate the economy's future How do you create a quadrillion dollars out of nothing, blow it away and leave a hole so large that even years of quantitative easing can't fill it ? and then go back to doing the same thing? Even amidst global recovery, the financial system still has the potential to seize up at any moment. The Money Formula explores the how and why of financial disaster, what must happen to prevent the next one.

Product Identifiers

Publisher
John Wiley & Sons INC International Concepts
ISBN-13
9781119358619
eBay Product ID (ePID)
232704587

Product Key Features

Author
Paul Wilmott, David Orrell
Publication Name
The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took over the Markets
Format
Paperback
Language
English
Subject
Accounting
Publication Year
2017
Type
Textbook
Number of Pages
264 Pages

Dimensions

Item Height
228mm
Item Width
154mm
Item Weight
388g

Additional Product Features

Title_Author
David Orrell, Paul Wilmott
Country/Region of Manufacture
United States

Item description from the seller

Business seller information

Value Added Tax Number:
  • AT 685613994
  • GB 203170464
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