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Money Eric Lonergan

Money par Eric Lonergan

Money Eric Lonergan


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État - Bon état
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Résumé

Explores our complex relationship with money. This title shows that many of our views about money, credit and saving are little better than prejudices.

Money Résumé

Money Eric Lonergan

Over the past year, we have seen banks tumble, City firms collapse and the advent of the worst financial crisis since the 1930s. At the heart of these events lies the pursuit of money. But just what is this thing that seems so powerful and omnipresent and yet is physically worthless - a piece of paper, or a digit on a computer screen? How does it work? And, more importantly, how far can we control the power it has over our lives? Eric Lonergan explores our complex relationship with money. In a provocative and insightful analysis, Lonergan argues that few things seem to matter more to us, but few things are as poorly understood. Economists have long worked with the theory that our relationship to money is rational, but not all our reactions to it make sense. Lonergan shows that many of our views about money, credit and saving are little better than prejudices. The same social and emotional forces that affect quant traders in the world's financial markets can be seen in the mania of Pokemon card trading in the school playground. This fascinating book reveals the tension between money's capacity to assist us in our lives and its propensity to cause instability and to distort our values. We are limited in our ability to control money's power, says Lonergan, but only by understanding money better, and thinking about it less, may we get on with enjoying what we have.

Money Avis

An informed, readable and timely work... thought-provoking ... challenging preconceptions from an informed position, he made me reassess my own attitudes. He shines a concise but intellectually satisfying light on elements of the financial system. The value of the analysis appears to have grown as events have unfolded. - The Business Economist Lonergan concludes that money would cause less damage if people did not think about it so much. With this slender but stimulating book, he provokes the opposite reaction. - The Economist

À propos de Eric Lonergan

Eric Lonergan is a macro hedge-fund manager at M&G Investments, London.

Sommaire

Acknowledgements Introduction 1. Print it Interdependence I 2. Money's morality 3. Global money Time and money 4. Future selves, worry and Schuld 5. Controlling the future 6. Other people's money Measurement 7. Money measures Money's allure 8. The sacred and the profane Interdependence II 9. The other side of the coin 10. Money Further reading References Index

Informations supplémentaires

GOR007452492
9781844652037
1844652033
Money Eric Lonergan
Occasion - Bon état
Broché
Taylor & Francis Ltd
20090901
160
N/A
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