Naked Money: A Revealing Look at What it is and Why it Matters - Hardcover

Charles Wheelan

Hardcover

ISBN 10: 0393069028 ISBN 13: 9780393069020

Publisher: WW Norton & Co, 2016

Synopsis

We use money every day, from dollars to rupees to bitcoin to (for some of us) prison pouches of mackerel. Yet the practice of exchanging paper or bytes for goods and services seems absurd if you take a minute to think about it. Why does money actually exist and why does it so often get entire nations in trouble? In Naked Money, best-selling author Charles Wheelan explains with his trademark wit and refreshing clarity how our banks and monetary systems should work in ideal situations, and he reveals the havoc and suffering caused in real situations by inflation, deflation, illiquidity and other monetary effects. With illuminating stories from Argentina, Zimbabwe, North Korea, America, China and elsewhere around the world, Wheelan demystifies the curious world behind the paper in our wallets and the digits in our bank accounts.

About this title

About the Author:

Charles Wheelan is the author of several books, including the bestsellers Naked Economics and Naked Statistics. He teaches public policy at Dartmouth College.

About this edition

• Publisher: WW Norton & Co
• Publication date: 2016
• ISBN 10: 0393069028
• ISBN 13: 9780393069020
• Binding: Hardcover
• Number of pages: 320