Finanzwissenschaft

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Introduction -- Instability -- Taking the money market seriously -- Money creation and market failure -- Banking in theory and reality -- Panics and the macroeconomy -- Design alternatives -- A monetary thought experiment -- The limits of risk constraints -- Public support and s…

By providing a solid theoretical basis, this book introduces modern finance to readers, including students in science and technology, who already have a good foundation in quantitative skills. It combines the classical, decision-oriented approach and the traditional organization…