Sticky Power: Global Financial Networks in the World Economy by Daniel Haberly H
by Daniel Haberly
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Sticky Power by Daniel Haberly, Dariusz W jcik Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description This volume investigates the durable nature of financial institutions, from the Middle Ages to the present day, and argues that reform should take place through innovation in institutional design rather than regulation. Publisher Description This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Although modern civilization revolves around money, the nature of money is paradoxical. It is nothing more than a representation of and medium for decentralized networks of social trust, but its production is controlled by highlycentralized networks of firms, places, and governments, and there is never enough of it to go around. Moreover, given that the creation of money, as credit, is based on expectations, money is at itsheart an instrument for human agency to change the future. However, the financial systems that produce money are deeply rooted in the past, and perpetuate themselves through history. Sticky Power seeks to deepen our understanding of the paradox of money by introducing a novel conceptual lens, Global Financial Networks, to cast new light on the geography, history, politics, and sociology of finance from the Middle Ages to the global financial crisis and beyond. It sh
- Publisher: Oxford University Press, Incorporated
- Year: 2022
- Binding: Hardcover
- ISBN: 9780198870982
- Condition: Fine
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