The Encyclopedia of Money

A comprehensive introductory resource with entries covering the development of money and the functions and dysfunctions of the monetary and financial system.The original edition of The Encyclopedia of Money won widespread acclaim for explaining the functionand dysfunctionof the financial system in a language any reader could understand. Now a decade later with a more globally integrated market-oriented world and with consumers trying to make sense of subprime mortgages credit default swaps and bank stress tests the Encyclopedia returns in an expanded new edition.From the development of metal and paper currency to the ongoing global economic crisis the rigorously updated The Encyclopedia of Money Second Edition is the most authoritative comprehensive resource on the fundamentals of money and finance available. Its 350 alphabetically organized entries85 completely new to this editionhelp readers make sense of a wide range of events policies and regulations by explaining their historical political and theoretical contexts. The new edition focuses most intently on the last two decades highlighting the connections between the onrush of globalization the surging stock market and various monetary and fiscal crises of the 1990s as well as developments scandals and pocketbook issues making headlines today.