Get Discount 5% Off
Subscribe to our newsletters now and stay up-to-date with new arrivals, updates and deals.
Naked Money: A Revealing Look at Our Financial System
Consider the $20 bill.It has no more value, as a simple slip of paper, than Monopoly money....
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
SKU:
9780393353730
Product Type:
Books
Please hurry! Only 702 left in stock
10 customers are viewing this product
Couldn't load pickup availability
Consider the $20 bill.
It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth twenty dollars? In the third volume of his best-selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking.
The search for an answer triggers countless other questions along the way: Why does paper money ("fiat currency" if you want to be fancy) even exist? And why do some nations, like Zimbabwe in the 1990s, print so much of it that it becomes more valuable as toilet paper than as currency? How do central banks use the power of money creation to stop financial crises? Why does most of Europe share a common currency, and why has that arrangement caused so much trouble? And will payment apps, bitcoin, or other new technologies render all of this moot?
In Naked Money, Wheelan tackles all of the above and more, showing us how our banking and monetary systems should work in ideal situations and revealing the havoc and suffering caused in real situations by inflation, deflation, illiquidity, and other monetary effects. Throughout, Wheelan's uniquely bright-eyed, whimsical style brings levity and clarity to a subject often devoid of both. With illuminating stories from Argentina, Zimbabwe, North Korea, America, China, and elsewhere around the globe, Wheelan demystifies the curious world behind the paper in our wallets and the digits in our bank accounts.
Author: Charles Wheelan
Publisher: W. W. Norton & Company
Published: 04/11/2017
Pages: 368
Binding Type: Paperback
Weight: 0.65lbs
Size: 8.20h x 5.40w x 1.00d
ISBN: 9780393353730
About the Author
Wheelan, Charles: - Charles Wheelan is the author of the best-selling Naked Statistics and Naked Economics and is a former correspondent for the Economist. He teaches public policy and economics at Dartmouth College and lives in Hanover, New Hampshire, with his family.
Returns Policy
You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).
You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).
If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.
Shipping
We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.
When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.
Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.
Related Products
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Recently Viewed Products
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
Example product title
- $37.16 SGD
- $37.16 SGD
- Unit price
- per
- Choosing a selection results in a full page refresh.