Comment by misrab
6 years ago
This is an online course, not a book, but it changed my understanding of finance. I studied Economics (initially) at university, and never found anything close to as useful as this class:
6 years ago
This is an online course, not a book, but it changed my understanding of finance. I studied Economics (initially) at university, and never found anything close to as useful as this class:
Videos of one year's lectures are available on youtube, with links at here: https://www.ineteconomics.org/education/courses/the-economic...
I'm halfway through, and I'm really impressed not only by the prof's preparation but methods. Very clear.
Started this course based on your recommendation, and agree that it's very good. A lot of mysterious stuff (repo, LIBOR, fractional reserve banking) is making a lot more sense to me now.
Completely agree, most texts concentrate on teaching outdated fractional reserve based monetary systems. Fractional reserves are no longer the major constraint on an expanding/contracting money supply. This course builds up an understanding of the push/pull factors of modern finance and banking.
Great course. It deals with the actual financial plumbing and how it has evolved from simple beginnings to the current complexity.