When Robert Z. Aliber's The International Money Game first appeared in 1973, it was widely acclaimed as the best - and most entertaining - introduction to the arcane mysteries of international finance on the market. The sixth edition of this classic work has again been fully rewritten to take account of the immense changes in the world economy since the previous edition - financial globalization; post-communist transition; European integration; the Asian crisis and Chinese liberalization. A substantive preface surveys the great changes in the twenty five years since the book first appeared.
Previous editions of Robert Z. Aliber's The New International Money Game have been widely acclaimed as the best and most entertaining introduction to the arcane enigmas of international finance. Since its original publication, the book has become a classic primer for beginning students, businesspersons, and anyone interested in a clear explanation of international monetary and financial issues. With expert knowledge and a wry sense of humor, Aliber demystifies international finance by breaking through the jargon barrier and presenting technical issues in a clear and concise manner. Aliber takes the reader on a tour of a multiplicity of international finance issues, included fixed and floating exchange rates, devaluations, money markets, monetary policy, and the concepts that lie behind the esoteric language of financial economists. This sixth edition tracks the changes that have taken place in the world economy since the previous editions by exploring financial globalization, postcommunist transition, European integration, and the Asian economic crisis. It is an indispensable and highly readable guide to the complex and increasingly fragile system through which the world's business is financed.
Explains the evolution & operation of the international money system, and the costs and benefits of a national currency, and considers some of the consequences of the division of the world into multiple currency areas.
The Rules of the Game brings together essays written over the course of thirty years by a major figure in the field. McKinnon analyzes and compares a wide variety of important international monetary regimes: the establishment of the gold standard in the nineteenth century, Bretton Woods, the dollar standard, floating exchange rates, the European Monetary System, and current proposals for reforming world monetary arrangements. The essays are unique in that they specify precisely the rules of the game for each international monetary regime - past, present, and future. For ease of reference, the book offers boxed summaries of each set of rules and then discusses their advantages and disadvantages, from the gold standard down to the author's proposal for a common monetary standard for the twenty-first century.
This book advocates a holistic reform of the current monetary and financial system dealing with the issues of money creation, central banks, loans, stock markets, tax justice, pension security and the international monetary system - “Bretton Woods II”. Its innovative approach presents several alternatives for each cornerstone, in addition to introducing a participatory democratic process whereby sovereign citizens can themselves determine the rules governing the new financial and monetary system. With “democratic money conventions” in each municipality, where the elements of this new money system are discussed and decided on in a participatory manner, and a federal money covenant which then elaborates a template for a referendum about the future “money constitution”, a true “sovereign” could progressively convert money from a financial weapon into a democratic tool. The envisaged democratic monetary system, by providing equal opportunities for every member of society to participate in the development of the “new rules of the game”, turns money progressively into a public good which increases the freedom for all. The new system furthermore drives the enhancement of constitutional and relational values such as human dignity, solidarity, justice, sustainability, or democracy. Money should serve life and should serve the common good. The “Bank for the Common Good” Project, which was initiated in Austria by the author Christian Felber, represents a practical example of his proposals.
'Confidence Games' argues that money and markets do not exist in a vacuum, but grow in a profoundly cultual medium, reflecting and in turn shaping their world. To understand the ongoing changes in the economy, one must consider the influence of art, philosophy and religion.
Real people, real transformations! "Absolutely amazing! It completely shifts your paradigm for life. One of the most wonderful things about it is that the results are immediate. My whole perception and relationship to money has undergone a major, substantial change." —Chris Attwood, writer and teacher, California "I've spent most of my life trying to figure out what's true and what's real. I have to say I now have a clear glimpse into what it really is." —Tom Hill, Colorado "Before Busting Loose from The Money Game, I was very unhappy and frustrated in my life. I was driven to find more ways to make money. I changed jobs, cities, countries, went back to school, read books. Financially, the stress was causing anxiety attacks and migraines so severe I stayed in bed. The joy I feel now is priceless. Money is there when I need it, in the amount that's needed, no matter what occurs (car repairs, unplanned trips, etc.). It's absolutely amazing!" —Suresh Thakoor, Texas "As a retired professor on a fixed and limited income, I always lived from a tight budget and felt compressed by it-especially at the end of the year. I don't use a budget anymore and have opened up new streams of income that were always closed to me in the past." —Howard Rovics, Connecticut "It opened a whole new dimension for me and shifted my perspective on life completely. I especially love how practical it is. The application is so simple, so effective . . . and fun!" —Doris Kahle, Hagen, Germany "I'd had a lot of success in the corporate arena, made a ridiculous amount of money and lost a ridiculous amount of money. But I was caught in a cycle of making it, losing it. I needed to break that cycle-for myself and my family-and this gave me the keys to do that. Busting Loose from The Money Game opened a window I had no clue even existed. This is very cutting-edge, a revolutionary approach to unwrapping yourself from limitations. If you're not satisfied with where you are financially and you're concerned about your future, get this book!" —Ben Coleman, Texas
The first years of the poker boom were fueled by the interest in no-limit hold'em tournaments. Recently, however, players have been gravitating to another, even more complex form of hold'em - no-limit cash games. Harrington on Cash Games: Volume II, continues where Volume I left off. In sections on turn and river play, Harrington explains why these are the most important streets in no-limit hold'em, and shows how to decide when to bet or check, when to call or fold, and when to commit all your chips. In later sections, Harrington shows how to play a looser and more aggressive style, how to make the transition from online to live games, and how to extract the maximum profit from very low-stakes games. Volume II concludes with an interview with Bobby Hoff, considered by many the best no-limit cash game player of all times, who shares some of his secrets and insight. Dan Harrington won the gold bracelet and the World Champion title at the $10,000 buy-in No-Limit Holdem Championship at the 1995 World Series of Poker. And he was the only player to make the final table in 2003 (field of 839) and 2004 (field of 2,576) - considered by cognoscenti to be the greatest accomplishment in WSOP history. In Harrington on Cash Games, Harrington and two-time World Backgammon Champion Bill Robertie have written the definitive books on no-limit cash games. These poker books will teach you what you need to know to be a winner in the cash game world.