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The People’s Money

The People’s Money
Author: Paola Subacchi
Publisher: Columbia University Press
Total Pages: 252
Release: 2016-11-22
Genre: Business & Economics
ISBN: 0231543263
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Many of the world's major economies boast dominant international currencies. Not so for China. Its renminbi has lagged far behind the pound, the euro, and the dollar in global circulation—and for good reason. China has long privileged economic policies that have fueled development at the expense of the renminbi's growth, and it has become clear that the underpowered currency is threatening China's future. The nation's leaders now face the daunting task of strengthening the currency without losing control of the nation's economy or risking total collapse. How are they approaching this challenge? In The People's Money, Paola Subacchi introduces readers to China's monetary system, mapping its evolution over the past century and, particularly, its transformation since Deng Xiaoping took power in 1978. Subacchi revisits the policies that fostered the country's economic rise while at the same time purposefully creating a currency of little use beyond China's borders. She shows the key to understanding China's economic predicament lies in past and future strategies for the renminbi. The financial turbulence following the global crisis of 2008, coupled with China's ambitions as a global creditor and chief economic power, has forced the nation to reckon with the limited international circulation of the renminbi. Increasing the currency's reach will play a major role in securing China's future.

Other People's Money

Other People's Money
Author: John Kay
Publisher: PublicAffairs
Total Pages: 296
Release: 2015-09-22
Genre: Business & Economics
ISBN: 1610396049
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The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions. Why? What is finance for? John Kay, with wide practical and academic experience in the world of finance, understands the operation of the financial sector better than most. He believes in good banks and effective asset managers, but good banks and effective asset managers are not what he sees. In a dazzling and revelatory tour of the financial world as it has emerged from the wreckage of the 2008 crisis, Kay does not flinch in his criticism: we do need some of the things that Citigroup and Goldman Sachs do, but we do not need Citigroup and Goldman to do them. And many of the things done by Citigroup and Goldman do not need to be done at all. The finance sector needs to be reminded of its primary purpose: to manage other people's money for the benefit of businesses and households. It is an aberration when the some of the finest mathematical and scientific minds are tasked with devising algorithms for the sole purpose of exploiting the weakness of other algorithms for computerized trading in securities. To travel further down that road leads to ruin. A Financial Times Book of the Year, 2015 An Economist Best Book of the Year, 2015 A Bloomberg Best Book of the Year, 2015

Other People's Money

Other People's Money
Author: Louis Dembitz Brandeis
Publisher: Binker North
Total Pages: 250
Release: 1914
Genre: Business & Economics
ISBN:
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The great monopoly in this country is money. So long as that exists, our old variety and individual energy of development are out of the question. A great industrial nation is controlled by its system of credit.

Give People Money

Give People Money
Author: Annie Lowrey
Publisher: Crown
Total Pages: 272
Release: 2018-07-10
Genre: Political Science
ISBN: 1524758787
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A brilliantly reported, global look at universal basic income—a stipend given to every citizen—and why it might be the answer for our age of rising inequality, persistent poverty, and dazzling technology. Imagine if every month the government deposited $1,000 into your checking account, with no strings attached and nothing expected in return. It sounds crazy. But it has become one of the most influential and discussed policy ideas of our time. The founder of Facebook, President Obama’s chief economist, Canada and Finland’s governments, the conservative and labor movements’ leading intellectual lights—all are seriously debating versions of a UBI. In this sparkling and provocative book, economics writer Annie Lowrey looks at the global UBI movement. She travels to Kenya to see how a UBI is lifting the poorest people on earth out of destitution, India to see how inefficient government programs are failing the poor, South Korea to interrogate UBI’s intellectual pedigree, and Silicon Valley to meet the tech titans financing UBI pilots in expectation of a world with advanced artificial intelligence and little need for human labor. Lowrey also examines the challenges the movement faces: contradictory aims, uncomfortable costs, and most powerfully, the entrenched belief that no one should get something for nothing. The UBI movement calls into question our deepest intuitions about what we owe each other. Yet as Lowrey persuasively shows, a UBI—giving people money—is not just a solution to our problems, but a better foundation for our society in this age of marvels.

Other People's Money

Other People's Money
Author: Jerry Sterner
Publisher: Hal Leonard Corporation
Total Pages: 111
Release: 1990
Genre: Drama
ISBN: 1557830622
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This play concerns the intended hostile take-over of a deserving but obsolescent Rhode Island family business ... --dust jacket.

People Money

People Money
Author: Margrit Kennedy
Publisher: Triarchy Press
Total Pages: 258
Release: 2012-07-05
Genre: Business & Economics
ISBN: 1908009829
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A comprehensive guide to the principles and practice of regional currencies. It shows how regional currencies can transform the lives and well-being of local communities, how they can sustain businesses, how local authorities can participate in their success and, consequently, why supporting regional currencies is of vital importance to the future of your community, region or country.

The People's Money

The People's Money
Author: Michael A. Pagano
Publisher: University of Illinois Press
Total Pages: 0
Release: 2019-09-17
Genre: Political Science
ISBN: 9780252084737
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American cities continue to experience profound fiscal crises. Falling revenues cannot keep pace with the increased costs of vital public services, infrastructure development and improvement, and adequately funded pensions. Chicago presents an especially vivid example of these issues, as the state of Illinois's rocky fiscal condition compounds the city's daunting budget challenges. In The People's Money, Michael A. Pagano curates a group of essays that emerged from discussions at the 2018 UIC Urban Forum. The contributors explore fundamental questions related to measuring the fiscal health of cities, including how cities can raise revenue, the accountability of today's officials for the future financial position of a city, the legal and practical obstacles to pension reform and a balanced budget, and whether political collaboration offers an alternative to the competition that often undermines regional governance.Contributors: Jered B. Carr, Rebecca Hendrick, Martin J. Luby, David Merriman, Michael A. Pagano, David Saustad, Casey Sebetto, Michael D. Siciliano, James E. Spiotto, Gary Strong, Shu Wang, and Yonghong Wu

Other People's Money

Other People's Money
Author: Nomi Prins
Publisher: The New Press
Total Pages: 370
Release: 2006-08-01
Genre: Business & Economics
ISBN: 1595586628
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Critical, independent voices are seldom found within the citadels of international finance. That's what makes Nomi Prins unique. During fifteen years as an executive at skyscraping banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. She walked away from the game in 2002 out of disgust with the burgeoning corporate corruption, just as its magnitude was becoming clear to the public. In this acclaimed exposé, named one of the best books of 2004 by The Economist, Barron's, Library Journal, and The Progressive, Prins provides fascinating firsthand details of day-to-day life in the financial leviathans, with all its rich absurdities. She demonstrates how the much-publicized fraud of recent years resulted from deregulation that trashed the rules of responsible corporate behavior, and not simply the unbridled greed of a select few. While the stock market roared on the back of phony balance sheets, executives made out like bandits and Congress looked the other way. Worse yet, as the new foreword to the paperback edition makes clear, everything remains in place for a repeat performance.

Other People's Money

Other People's Money
Author: Justin Cartwright
Publisher: Bloomsbury Publishing USA
Total Pages: 274
Release: 2011-04-12
Genre: Fiction
ISBN: 1608195414
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In a world still uneasy after the financial turmoil of 2008, Justin Cartwright puts a human face on the dishonesties and misdeeds of the bankers who imperiled us. Tubal and Co. is a small, privately owned bank in England. As the company's longtime leader, Sir Harry Tubal, slips into senility, his son Julian takes over the reins-and not all is well. The company's hedge fund now owns innumerable toxic assets, and Julian fears what will happen when their real value is discovered. Artair Macleod, an actor manager whose ex-wife, Fleur, was all but stolen by Sir Harry, discovers that his company's monthly grant has not been paid by Tubal. Getting no answers from Julian, he goes to the local press, and an eager young reporter begins asking questions. Bit by bit, the reporter discovers that the grant money is in fact a payoff from Fleur, written off by the bank as a charitable donation, and a scandal breaks. Julian's temperament and judgment prove a bad fit for the economic forces of the era, and the family business plunges into chaos as he tries to hide the losses and massage the balance sheet.A story both cautionary and uncomfortably familiar, Other People's Money is not a polemic but a tale of morality and hubris, with the Tubal family ultimately left searching only for closure. Bold, humane, urbane, full of rich characters, and effortlessly convincing, this is a novel that reminds us who we are and how we got ourselves here.

Other People’s Money

Other People’s Money
Author: Neil Forsyth
Publisher: Random House
Total Pages: 264
Release: 2024-07-04
Genre: Biography & Autobiography
ISBN: 1529942942
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The true story behind the BBC documentary Confessions of a Teenage Fraudster 'The crime of fraud, when conducted well, is a fascinating pursuit. It’s a test of intellect, determination and stamina. It is a floating mess of fact and fiction that you have to carry in your mind for twenty-four hours a day. It can be used to realize dreams, to slip on any mask required.’ Elliot Castro was just a teenager when he began to use his formidable intelligence and charm to swindle millions from the credit card system. No outside individual has ever pulled off this scale of fraudulent activity. But the money wasn’t funding an addiction or other criminal enterprises; Elliot was simply a working-class kid with no qualifications who wanted to see the world. From London to New York, Ibiza to Beverly Hills, Castro lived a fantasy life. He stayed in famous hotels, travelled first class and blew a small fortune on designer clothes and champagne. Time after time, Elliot managed to wriggle free of the authorities while his life spiralled out of control. As he juggled aliases, and lied to family and friends, he began to lose his grip on reality. Meanwhile, a detective from Heathrow Police Station was patiently tracking him down. It would soon turn into an international manhunt. In Other People’s Money, Neil Forsyth chronicles Elliot’s extraordinary journey. A gripping tale of charm and deceit, filled with humour and heart-stopping suspense, this true story offers a fascinating insight into the mind of Britain’s most audacious, and friendliest, credit card fraudster.