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A History of Credit and Power in the Western World
Paperback | 31 August 2004
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Paperback
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Industry Reviews
-In their depiction of the rise and subsequent eclipsing of each of those financial centers, the authors note recurring themes: economic growth tends to be associated with innovation in credit instruments in a mutually reinforcing relationship; an environment of political stability, law and order, and respect for private property is needed for development of financial institutions; and operations of Western credit systems are subject to instability and periodic rises. Description of consumer access to credit and discussion of globalization of international financial markets conclude the volume.-
- Choice
-MacDonald and Gastmann's very fine book could not have come at a better time to explain the important historical symbiotic relationship between power and credit. It would be invaluable to anyone who seeks a better understanding of the financial markets' reactions to historical and current global political and economic events.-
- Robert Windorf, KWR International Advisor
"In their depiction of the rise and subsequent eclipsing of each of those financial centers, the authors note recurring themes: economic growth tends to be associated with innovation in credit instruments in a mutually reinforcing relationship; an environment of political stability, law and order, and respect for private property is needed for development of financial institutions; and operations of Western credit systems are subject to instability and periodic rises. Description of consumer access to credit and discussion of globalization of international financial markets conclude the volume."
- Choice
"MacDonald and Gastmann's very fine book could not have come at a better time to explain the important historical symbiotic relationship between power and credit. It would be invaluable to anyone who seeks a better understanding of the financial markets' reactions to historical and current global political and economic events."
- Robert Windorf, KWR International Advisor
"In their depiction of the rise and subsequent eclipsing of each of those financial centers, the authors note recurring themes: economic growth tends to be associated with innovation in credit instruments in a mutually reinforcing relationship; an environment of political stability, law and order, and respect for private property is needed for development of financial institutions; and operations of Western credit systems are subject to instability and periodic rises. Description of consumer access to credit and discussion of globalization of international financial markets conclude the volume."
- "Choice"
"MacDonald and Gastmann's very fine book could not have come at a better time to explain the important historical symbiotic relationship between power and credit. It would be invaluable to anyone who seeks a better understanding of the financial markets' reactions to historical and current global political and economic events."
- Robert Windorf, KWR International Advisor
"In their depiction of the rise and subsequent eclipsing of each of those financial centers, the authors note recurring themes: economic growth tends to be associated with innovation in credit instruments in a mutually reinforcing relationship; an environment of political stability, law and order, and respect for private property is needed for development of financial institutions; and operations of Western credit systems are subject to instability and periodic rises. Description of consumer access to credit and discussion of globalization of international financial markets conclude the volume."
- "Choice"
"MacDonald and Gastmann's very fine book could not have come at a better time to explain the important historical symbiotic relationship between power and credit. It would be invaluable to anyone who seeks a better understanding of the financial markets' reactions to historical and current global political and economic events."
- Robert Windorf, KWR International Advisor
ISBN: 9780765808332
ISBN-10: 0765808331
Published: 31st August 2004
Format: Paperback
Language: English
Number of Pages: 328
Audience: Professional and Scholarly
Publisher: Taylor & Francis Ltd
Country of Publication: GB
Edition Type: New edition
Dimensions (cm): 22.9 x 15.2 x 1.85
Weight (kg): 0.53
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