A Concise History of International Finance

'This is the most impressive, most comprehensive, and most up-to-date single volume history of finance there is. Its central argument about the beneficial effects of financial innovation - along with the many cautionary tales of how and why things go sour, of the consequences of adequate mechanisms for ensuring commitment and responsibility - make it at once a classic, whose influence will endure a long time.' Harold James, author of The End of Globalization: Lessons from the Great Depression