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

Discusses the technological change and financial innovation that commercial banking has experienced during the past 25 years. Describes the role of the financia

"[A] magnificent history of money and finance."—New York Times Book Review "Convincingly makes the case that finance is a change-maker of change-makers."—Fi

Understanding Financial Accounts seeks to show how a range of questions on financial developments can be answered with the framework of financial accounts and b

Financial innovation is a regular feature of the global financial system. Financial innovation results in greater economic efficiency over time. In the process