The Money Machine: How the City Works (Penguin Business Library)

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9780141009308: The Money Machine: How the City Works (Penguin Business Library)

What happens in the City affects almost every aspect of our lives.

In this excellent guide, now completely revised and updated for this fourth edition, a leading financial journalist cuts through the myths and scandals that make the news to explain the nuts and bolts of the financial system. How are the big deals made? What radical changes will the Euro bring about? Which are the institutions that really matter? What causes the pound to rise or interest rates to fall? Philip Coggan provides clear and concise answers to many such questions; he also shows why they are of central concern to all of us.

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Review:

If you are looking for an immediately practical book, then the best basic guide continues to be THE MONEY MACHINE. -- FINANCIAL TIMES

Philip Coggan's excellent primer on the City.
-- LONDON REVIEW OF BOOKS, John Lanchester

About the Author:

Philip Coggan has been a journalist for the Financial Times since 1986, including spells as a Lex columnist, personal finance editor and economics correspondent.

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