In this book, Nobel Laureate Merton Miller presents a sustained attack on the popular view that modern financial innovations have created excessive market volat

Seven years after the financial crisis of 2008, financiers remain villains in the public mind. Most Americans believe that their irresponsible actions and compl

This book discusses theories of monetary and financial innovation and applies them to key monetary and financial innovations in history – starting with the us

This book offers comprehensive examination of research on the relevance of individual behavior and technology to financial innovations. The chapters cover curre

This book discusses various aspects of blockchains in economic systems and investment strategies in crypto markets. It first addresses the topic from a conceptu