Ever since the financial crisis of 2008, doubts have been raised about the future of capitalism. In this broad-ranging survey of financial capitalism from antiquity to the present, Larry Neal reveals the ways in which the financial innovations throughout history have increased trade and prosperity as well as improving standards of living. These innovations have, however, all too often led to financial crises as a result of the failure of effective coordination among banks, capital markets and governments. The book examines this key interrelationship between financial innovation, government regulation and financial crises across three thousand years, showing through past successes and failures the key factors that underpin any successful recovery and sustain economic growth. The result is both an essential introduction to financial capitalism and also a series of workable solutions that will help both to preserve the gains we have already achieved and to mitigate the dangers of future crises.
Author(s): Larry Neal
Series: New Approaches To Economic And Social History
Edition: 1
Publisher: Cambridge University Press
Year: 2015
Language: English
Commentary: TruePDF 6x9 Format | Cover | TOC
Pages: 376
Tags: International Finance: History; International Finance
Cover
Halftitle
Series Title
Title
Copyright
Contents
List of figures
List of boxes
List of tables
Preface
1 | Introduction
2 | Distant beginnings: the first 3000 years
3 | The Italians invent modern finance
4 | The rise of international financial capitalism: the seventeenth century.pdf
5 | The “Big Bang” of financial capitalism: financing and re-financing the Mississippi and South Sea Companies, 1688-1720.pdf
6 | The rise and spread of financial capitalism, 1720-1789.pdf
7 | Financial innovations during the “birth of the modern,” 1789–1830: a tale of three revolutions
8 | British recovery and attempts to imitate in the US, France, and Germany, 1825–1850
9 | Financial globalization takes off: the spread of sterling and the rise of the gold standard, 1848–1879
10 | The first global financial market and the classical gold standard, 1880-1914.pdf
11 | The Thirty Years War and the disruption of international finance, 1914-1944
12 | The Bretton Woods era and the re-emergence of international finance, 1945-1973
13 | From turmoil to the “Great Moderation,” 1973–2007
14 | The sub-prime crisis and the aftermath, 2007-2014
References
Index
