Money

Money makes the world go around. From the earliest bartering systems to today's sophisticated electronic transfers of billions of dollars in a split second, systems of exchange have conferred value upon goods and services and created the economic glue that binds individuals, businesses, communities, and nations together. In this volume, the authors present a colorful history of money in its economic, political, socio-cultural, and even pscyhological context. The first section focuses on banks and financial institutions. The second part covers the role of currency in national sovereignty; the impact of technology; debt, credit, and equity; and money markets. The final chapters explore emerging issues, such as risk management, and emerging forms of money and investment in the electronic age. Featuring a glossary and timeline, charts and graphs, index and references, Money is an engaging introduction to this vital component of the economy.

"Dobeck and Elliot avoid the pitfalls of commenting on investments or making predictions about financial markets and focus instead on providing an integrated discussion of both historical development and contemporary reality while discussing the historical, philosophical and political-economic aspects of money, financial systems and globalization. They examine the history and evolution of money, monetary policy and central banks, financial institutions, currency and national sovereignty, financial exchanges, technology, capital markets and bonds, the short-term here and abroad, financial derivatives, risk management, regulation and the world to come that goes beyond money." - Reference & Research Book News

Mark F. Dobeck is the Chief Financial Officer for the National Association of Schools of Public Affairs and Administration (NASPAA) in Washington, DC. Previously, he taught courses in business administration, finance, international investments, financial risk management, organizational behavior, and public policy at Collin County Community College and the University of Texas at Dallas. He has over twenty years of management experience in banking, securities, and information technology, and worked on major financial and banking projects throughout the world, including the development of the Moscow Interbank Currency Exchange. He is also certified as a Project Management Professional (PMP) by the Project Management Institute.Euel Elliott is Professor of Government, Politics and Political Economy and Associate Dean for Graduate Education, School of Social Sciences, University of Texas at Dallas. He previously served as Director of the Master of Public Affairs program and Director of Graduate Studies at the university. He has published in a wide range of public policy, political science and economics journals, including Social Science Quarterly, Policy Studies Review, and Journal of Policy Modeling, and has co-edited two books, Chaos Theory in the Social Sciences and Non-linear Dynamics, Complexity and Public Policy.