Encyclopedia of Money

by Larry Allen

This book is a comprehensive introductory resource with entries covering the development of money and the functions and dysfunctions of the monetary and financial system. Money may talk, but it can sound like a foreign language. In good times, we don't question. When good times end, we scramble to make sense of it. The global economy is reeling from a string of brutal shocks; a reverse so swift and total that the financial landscape is unrecognizable. Yesterday's sound money sense is today's sheerest folly. Frightened consumers, desperate for information, are being bombarded with conflicting advice. We may be growing more confused, not less -- just when we need clarity the most. The original edition of The Encyclopedia of Money won widespread acclaim for explaining the function -- and dysfunction -- of the financial system in a language any reader could understand. Now a decade later, with a more globally integrated, market-oriented world, and with consumers trying to make sense of sub