Item Tag: Paul Wilmott

About this Item The item is a book Paperback The Author Name is David Orrell The Title is The Money Formula : Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets Condition New Other Comments Pages Count – 272. Binding type – Perfect. Content Language – English Category – BUSINESS & ECONOMICS / Finance / General Product Description – Explore the deadly elegance of finance’s hidden powerhouse The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective but from a preventative point of view this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy. You’ll learn how the deadly allure of their ice-cold beauty has misled generations of economists and investors, and how continued reliance on these formulas can either assist future economic development, or send the global economy into the financial equivalent of a cardiac arrest. Rather than rehash tales of post-crisis fallout, this book focuses on preventing the next one. By exploring the heart of the shadow economy, you’ll be better prepared to ride the rough waves of finance into the turbulent future. * Delve into one of the world’s least-understood but highest-impact industries * Understand the key principles of quantitative finance and the evolution of the field * Learn what quantitative finance has become, and how it affects us all * Discover how the industry’s next steps dictate the economy’s future How do you create a quadrillion dollars out of nothing, blow it away and leave a hole so large that even years of “quantitative easing” can’t fill it and then go back to doing the same thing Even amidst global recovery, the financial system still has the potential to seize up at any moment. The Money Formula explores the how and why of financial disaster, what must happen to prevent the next one. We Use Stock Images Because we have over 2 million items for sale we have to use stock images, this listing does not include the actual image of the item for sale. The purchase of this specific item is made with the understanding that the image shown in this listing is a stock image and not the actual item for sale. For example: some of our stock images include stickers, labels, price tags, hyper stickers, obi’s, promotional messages, signatures and or writing which may not be available in the actual item. When possible we will add details of the items we are selling to help buyers know what is included in the item for sale. The details&nbsp are provided automatically&nbsp from our central master database and can sometimes be wrong. Books are released in many editions and variations, such as standard edition, re-issue, not for sale, promotional, special edition, limited edition, and many other editions and versions.&nbsp The Book you receive could be any of these editions or variations. If you are looking for a specific edition or version please contact us to verify what we are selling. &nbsp Gift IdeasThis is a&nbsp great Christmas gift idea. &nbsp Hours of ServiceWe have many warehouses,&nbsp some of the warehouses process orders seven days a week, but the Administration Support Staff are located at a head office location, outside of the warehouses, and typically work only Monday to Friday. Location ID 555z iHaveit SKU ID 161196408