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The clearest book about modern finance I have ever read. The main function of whole finance industry is supposed to arrange for payment services, and connect savers with borrowers (mainly buying houses). However today's finance involves passing other people's money around rather than contributing anything to the 'real' economy.4/5(). To be honest, when I started Other People's Money by Justin Cartwright, I wasn't sure that I was going to love it. The book came to me through the LibraryThing Early Reviewers Program, and when I got the notice I was getting it, I couldn't remember requesting it. It was a little slow going at first, but the story really draws you in/5. Book review: Charles Bagli’s “Other People’s Money” In a new book, New York Times reporter looks at Tishman Speyer's acquisition of Stuyvesant Town-Peter Cooper Village May Issue /. Other People’s Money for higher ROI. Because of this, you have two choices when you find a worthy investment: use your own money or use other people’s money for the equity needed above and beyond the loan. Provided you structure the deal well, the more you can use other people’s money, the higher your return will be.
‘Other People’s Money,’ by John Kay. The last third of the book insightfully addresses reform, which, refreshingly, Kay stresses is not the same as regulation. financial regulation Author: Benjamin Heller. In , the articles were collected in book form and published under the title Other People's Money--and How the Bankers Use It. Brandeis' central thesis was that the large banking houses were colluding with businessmen to create trusts in America's major industries. John Kay, Other People’s Money: Masters of the Universe or Servants of the People? (Profile Books, £) Now read an extract from John Kay’s book. First, a disclaimer—I think John Kay is a quite brilliant economist, thinker and writer. As these three attributes are . In Other People’s Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency. Murphy traces the evolution of banking in America from the founding of the nation, when politicians debated the constitutionality of chartering.
The information about Other People's Money shown above was first featured in "The BookBrowse Review" - BookBrowse's online-magazine that keeps our members abreast of notable and high-profile books publishing in the coming weeks. In most cases, the reviews are necessarily limited to those that were available to us ahead of publication. If you are the publisher or author of this book and feel. He claims that he made a rigorous attempt to examine other data in an effort to find negative cases, that is, cases where the facts would not support his hypothesis. To me, perhaps the most striking aspect of his description and narrative is just how much life, culture, business and technology has changed since the book was s: 1. The introductory chapter of my latest book "Other People's Money: Masters of the Universe or Servants of the People?" J Share on Facebook. Tweet on Twitter. In the City, they sell and buy. And nobody ever asks them why. But since it contents them to . Other People's Money By John Kay (PublicAffairs, pages, $) rom to , the finance sector of the American economy grew to % of GDP from %. According to John Kay, a visiting professor at the London School of Economics and a regular contributor to the Financial Times, the finance sector is too large and too powerful. Its growthFile Size: 1MB.