Bankers and speculators build castles in the air but when they come crashing down ordinary people have to pick up the tab. How we've made such a mess of our money system is explained, from the earliest banks right through to «collateralized debt obligations.» The author suggests the framework for a fairer financial world: the practical ideas, required regulations, and real-life examples. [b]Peter Stalker is a former co-editor of the [i]New Internationalist who now works as a consultant to a...
Virtually any commodity can move around the world to satisfy demand, but human beings have far less freedom. Many would-be migrants are forced to risk life and limb traveling illegally. Yet most rich countries are short of workers, have shrinking populations, and need more immigrants. This is a timely guide to a major issue that is never far from the political headlines. Peter Stalker is a former co-editor of the New Internationalist who now works as a consultant to a number of UN agencies....
Sets recent events in the context of history. Shows how flows of money directed by an unaccountable elite increasingly shape economic, political and social activity. It also includes chapters on global currency exchange, alternative systems of banking, including microfinance, government regulation or lack of it, international institutions such as the World Bank and the IMF, and a final chapter on ways of bringing global finance under control. An extremely relevant topic for today's economic...
