The Future of Futures: The Time of Money in Financing and Society

By Elena Esposito
Publisher: Edward Elgar Pub | 2011
ISBN: 1849801525 | PDF | 215 pages | 1.3 MB

This book reconstructs the dynamics of economics, beginning explicitly with the role and the relevance of time: money uses the future in order to generate present wealth. Financial markets sell and buy risk, thereby binding the future.

Elena Esposito explains that complex risk management techniques of structured finance produce new and uncontrolled risks because they use a simplified idea of the future, failing to account for how the future reacts to attempts at controlling it. During the recent financial crisis, the future had already been used (through securitizations, derivatives and other tools) to the extent that we had many futures, but no open future available.

The Future of Futures: The Time of Money in Financing and Society

Download Link

Disclaimer Copyright of books and articles goes to its respective owners. In this blog, i am writing reviews about articles & books and giving free links available in world wide web. Intention of this blog is educative purpose and using contents from other sites as it is fair use. So if you have any complaints regarding books copyright, please contact book hosting servers for the removal of the book. we got all download links from the search engines and so we are not responsible for any damage due to the links given here. This is only for education purpose.

Privacy Policy We use third-party advertising companies to serve ads when you visit our website. They uses cookies to serve ads on our site. These companies may use information (not including your name, address, email address, or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies