Real World Banking and Finance

Edited by Doug Orr, Alejandro Reuss, Chris Sturr, and Marty Wolfson

real world banking cover
Date of publication:
November 2013

What is money? Who controls the Fed? How does the stock market work? What is a bailout? What are hedge funds and private-equity firms? What are the causes and consequences of exchange-rate fluctuations? Real World Banking and Finance provides lively answers to these important questions. This clearly written, carefully researched anthology is an excellent supplementary text for introductory courses on money and banking.

Real World Banking and Finance helps students understand interest rates, the stock and bond markets, currencies and exchange rates, global financial institutions, retirement finance, mortgages and the housing market, regulatory reform, and much more.

The thoroughly updated seventh edition includes a new chapter on "Resistance and Alternatives" to dominant policies and institutions, including articles on the reform of the Fed, new financial regulation, capital controls, and finance for the cooperative sector.

"I thoroughly enjoy using Real World Banking in class. The readings allow students to critically appraise the conventional wisdom and traditionally sacrosanct institutions such as the Fed and the 'free market.'"
Kurt Keiser, School of Business, Adams State College