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Financing Opportunity
How Financial Markets Have Fueled American Prosperity for More than Two Centuries
Taschenbuch von Jennifer J. Schulp
Sprache: Englisch

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Beschreibung
Financial markets have fueled American prosperity for more than two centuries, so why are they often distrusted and criticized as harmful?

The United States has had robust financial markets practically from the date the nation was founded. Within several years of ratifying the Constitution, the depth and breadth of America's banking and securities markets rivaled those of any other developed nation. And that's a good thing.

America's financial system is inseparable from America's enormous growth, productivity, and prosperity. And while it's become popular to lay a host of ills at the feet of financial markets, markets are not themselves the cause of financial instability, income stagnation, or declining investment in productive endeavors. While our system is not perfect, many people would likely be shocked to learn just how many financial market deficiencies have been caused by harmful government policies.

By providing historical context and a thorough yet easily accessible explanation of US financial markets, authors Norbert Michel and Jennifer Schulp provide a much-needed counterpoint to current debates and criticisms. Financing Opportunity not only busts many popular myths about financial markets but also proposes ways to improve how our financial markets function. With financial markets and American opportunity so closely tied, financial policy is vital to supporting growth, productivity, and prosperity.
Financial markets have fueled American prosperity for more than two centuries, so why are they often distrusted and criticized as harmful?

The United States has had robust financial markets practically from the date the nation was founded. Within several years of ratifying the Constitution, the depth and breadth of America's banking and securities markets rivaled those of any other developed nation. And that's a good thing.

America's financial system is inseparable from America's enormous growth, productivity, and prosperity. And while it's become popular to lay a host of ills at the feet of financial markets, markets are not themselves the cause of financial instability, income stagnation, or declining investment in productive endeavors. While our system is not perfect, many people would likely be shocked to learn just how many financial market deficiencies have been caused by harmful government policies.

By providing historical context and a thorough yet easily accessible explanation of US financial markets, authors Norbert Michel and Jennifer Schulp provide a much-needed counterpoint to current debates and criticisms. Financing Opportunity not only busts many popular myths about financial markets but also proposes ways to improve how our financial markets function. With financial markets and American opportunity so closely tied, financial policy is vital to supporting growth, productivity, and prosperity.
Über den Autor
Norbert J. Michel is vice president and director of the Cato Institute's Center for Monetary and Financial Alternatives, where he specializes in issues pertaining to financial markets and monetary policy. Michel is the author of Why Shadow Banking Didn't Cause the Financial Crisis: And Why Regulating Contagion Won't Help.
Details
Erscheinungsjahr: 2024
Fachbereich: Wirtschaftsratgeber
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9781964524528
ISBN-10: 1964524520
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Schulp, Jennifer J.
Hersteller: Cato Institute
Maße: 229 x 152 x 13 mm
Von/Mit: Jennifer J. Schulp
Erscheinungsdatum: 01.10.2024
Gewicht: 0,355 kg
Artikel-ID: 130148843
Über den Autor
Norbert J. Michel is vice president and director of the Cato Institute's Center for Monetary and Financial Alternatives, where he specializes in issues pertaining to financial markets and monetary policy. Michel is the author of Why Shadow Banking Didn't Cause the Financial Crisis: And Why Regulating Contagion Won't Help.
Details
Erscheinungsjahr: 2024
Fachbereich: Wirtschaftsratgeber
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9781964524528
ISBN-10: 1964524520
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Schulp, Jennifer J.
Hersteller: Cato Institute
Maße: 229 x 152 x 13 mm
Von/Mit: Jennifer J. Schulp
Erscheinungsdatum: 01.10.2024
Gewicht: 0,355 kg
Artikel-ID: 130148843
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