The Financial System, Financial Regulation and Central Bank Policy

Traditional money and banking textbooks are long, expensive, and full of so much institutional and technical modeling detail that students cannot understand the big picture. Thomas F. Cargill presents a new alternative: a short, inexpensive book without the 'bells and whistles' that teaches students the fundamentals in a clear, narrative form. In an engaging writing style, Cargill explains the three core components of money and banking, and their interactions: 1) the financial system, 2) government regulation and supervision, and 3) central bank policy. Cargill focuses on the interaction between government financial policy and central bank policy and offers a critique of the central bank's role in the economy, the tools it uses, how these tools affect the economy, and how effective these policies have been, providing a more balanced perspective of government policy failure versus market failure than traditional textbooks.

Author: Thomas F. Cargill
Publisher: Cambridge University Press
Published: 10/06/2017
Pages: 424
Binding Type: Paperback
Weight: 1.96lbs
Size: 10.26h x 7.23w x 0.93d
ISBN: 9781107689763

About the Author
Cargill, Thomas F.: - Professor Thomas F. Cargill has taught and conducted research on financial and monetary economics at the University of California, Davis; University of Hawaii at both Honolulu and Ho Chi Minh City, Vietnam; California State University, Sacramento; Purdue University, Indiana; and since 1973, the University of Nevada, Reno. He has written extensively as a single and joint author on US financial and central banking issues and has also conducted similar research on China, Korea, Japan, and Vietnam. His work has been published in the Journal of Economic History, Credit and Banking, the Journal of Finance, the Journal of Political Economy, Review of Economics and Statistics, and International Finance.