國立高雄大學圖資館 |

Language: English

Back

Money mattershow money and banks evolved, and why we have financial crises /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Money mattersby Luis Angeles.
Reminder of title:	how money and banks evolved, and why we have financial crises /
Author:	Angeles, Luis.
Published:	Cham :Springer International Publishing :2022.
Description:	xiv, 147 p. :ill. (some col.), digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	MoneyHistory.
Online resource:	https://doi.org/10.1007/978-3-030-95516-8
ISBN:	9783030955168$q(electronic bk.)

Money mattershow money and banks evolved, and why we have financial crises /
Angeles, Luis.

Money mattershow money and banks evolved, and why we have financial crises /[electronic resource] :by Luis Angeles. - Cham :Springer International Publishing :2022. - xiv, 147 p. :ill. (some col.), digital ;24 cm.

Introduction -- 1 What is money? -- A History of Money and Banking -- 2 Money from the very beginning -- 3 Banks enter the scene -- 4 The dawn of modern banking -- 5 The creation of a paper currency -- 6 Modern banking comes of age -- 7 The role of banks in a modern economy -- II An Analysis of Financial Crises -- 8 The role of money and the logic of recessions -- 9 Describing ﬁnancial crises -- 10 The mechanics of ﬁnancial crises - part one -- 11 The mechanics of ﬁnancial crises - part two -- 12 Fighting oﬀ ﬁnancial crises -- 13 Preventing ﬁnancial crises -- Further Reading -- References.

This book explores the nature of money and banking throughout their history, and applies this to the study of financial crises. The first part of the book covers the evolution of monetary arrangements, money creation and the business of banking since their earliest manifestations to the present day, showing how changes in the business of banking led to a transformation in the money we use. The second part of the book applies the understanding acquired during the first part to the study of financial crises, showing that money is taken out of circulation when bank loans are paid back. This key insight is at the core of the mechanism that explains financial crises, since an economy that sees its money supply diminish is also an economy that cannot generate enough demand for its own goods and services. Financial crises result when bank lending slows down or comes to a halt - while outstanding bank loans are still due for repayment. The mechanism is discussed in detail, and the crucial role of banks highlighted. Adequate policy measures to prevent crises, or to mitigate their effects, are then put forward in light of this mechanism. The book will be of interest to researchers and students of economic and financial history, as well as those working in finance, banking and economics more widely. Luis Angeles is Professor of Economics at the Adam Smith Business School of the University of Glasgow, United Kingdom. He has published work in economic history, economic development, and banking and financial topics. His work has appeared in academic journals such as the Economic History Review, Explorations in Economic History, the Journal of Development Economics, the European Economic Review, Economica, Kyklos, and more.

ISBN: 9783030955168$q(electronic bk.)

Standard No.: 10.1007/978-3-030-95516-8doiSubjects--Topical Terms:

183686
Money
--History.

LC Class. No.: HG231 / .A44 2022

Dewey Class. No.: 332.09

Money mattershow money and banks evolved, and why we have financial crises /
LDR:03409nmm a2200349 a 4500 001 622612
003 DE-He213
005 20220325133557.0
006 m d
007 cr nn 008maaau
008 221209s2022 sz s 0 eng d
020 $a 9783030955168$q(electronic bk.)
020 $a 9783030955151$q(paper)
024 7 $a 10.1007/978-3-030-95516-8 $2 doi
035 $a 978-3-030-95516-8
040 $a GP $c GP
041 0 $a eng
050 4 $a HG231 $b .A44 2022
072 7 $a KFF $2 bicssc
072 7 $a KCZ $2 bicssc
072 7 $a BUS023000 $2 bisacsh
072 7 $a KFF $2 thema
072 7 $a KCZ $2 thema
082 0 4 $a 332.09 $2 23
090 $a HG231 $b .A581 2022
100 1 $a Angeles, Luis. $3 924510
245 1 0 $a Money matters $h [electronic resource] : $b how money and banks evolved, and why we have financial crises / $c by Luis Angeles.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2022.
300 $a xiv, 147 p. : $b ill. (some col.), digital ; $c 24 cm.
505 0 $a Introduction -- 1 What is money? -- A History of Money and Banking -- 2 Money from the very beginning -- 3 Banks enter the scene -- 4 The dawn of modern banking -- 5 The creation of a paper currency -- 6 Modern banking comes of age -- 7 The role of banks in a modern economy -- II An Analysis of Financial Crises -- 8 The role of money and the logic of recessions -- 9 Describing ﬁnancial crises -- 10 The mechanics of ﬁnancial crises - part one -- 11 The mechanics of ﬁnancial crises - part two -- 12 Fighting oﬀ ﬁnancial crises -- 13 Preventing ﬁnancial crises -- Further Reading -- References.
520 $a This book explores the nature of money and banking throughout their history, and applies this to the study of financial crises. The first part of the book covers the evolution of monetary arrangements, money creation and the business of banking since their earliest manifestations to the present day, showing how changes in the business of banking led to a transformation in the money we use. The second part of the book applies the understanding acquired during the first part to the study of financial crises, showing that money is taken out of circulation when bank loans are paid back. This key insight is at the core of the mechanism that explains financial crises, since an economy that sees its money supply diminish is also an economy that cannot generate enough demand for its own goods and services. Financial crises result when bank lending slows down or comes to a halt - while outstanding bank loans are still due for repayment. The mechanism is discussed in detail, and the crucial role of banks highlighted. Adequate policy measures to prevent crises, or to mitigate their effects, are then put forward in light of this mechanism. The book will be of interest to researchers and students of economic and financial history, as well as those working in finance, banking and economics more widely. Luis Angeles is Professor of Economics at the Adam Smith Business School of the University of Glasgow, United Kingdom. He has published work in economic history, economic development, and banking and financial topics. His work has appeared in academic journals such as the Economic History Review, Explorations in Economic History, the Journal of Development Economics, the European Economic Review, Economica, Kyklos, and more.
650 0 $a Money $x History. $3 183686
650 0 $a Banks and banking $x History. $3 924511
650 0 $a Financial crises $x History. $3 243083
650 1 4 $a Financial History. $3 739649
650 2 4 $a Economic History. $3 739985
650 2 4 $a Financial Services. $3 747489
650 2 4 $a Macroeconomics and Monetary Economics. $3 913170
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer Nature eBook
856 4 0 $u https://doi.org/10.1007/978-3-030-95516-8
950 $a Economics and Finance (SpringerNature-41170)