Tag Archives: derivatives

An Angry Person’s Guide to ‪‎Finance‬’ explains in simple terms the defining features of the post-1970s financial system

 >Open access<Jack Copley (University of Warwick) counters the popular narrative that the 2008 crisis was a purely financial failure that a decent set of regulations would solve, by pointing to flagging capitalist profitability as the motor behind such financial expansion. … Continue reading

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Codes of Finance: Engineering Derivatives in a Global Bank

Codes of Finance is an unusual, provocative, and compelling account of today’s structured financial products. The financial industry’s invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. … Continue reading

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