On the trading floor, all action is based on news, therefore rumors in financial markets are an everyday phenomenon. Rumors are the oldest mass medium in the world and their nature is still difficu…
With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abando…
Tipping Point adalah saat ajaib ketika suatu ide, perilaku, pesan, dan produk menyebar seperti wabah penyakit menular. Sama seperti satu orang sakit dapat menyebabkan epidemi flu, begitu pula senti…
The third edition of The Theory of Interest is significantly revised and expanded from previous editions. The text covers the basic mathematical theory of interest as traditionally developed. The b…
The efficient markets hypothesis has been the central proposition in finance for nearly thirty years. It states that securities prices in financial markets must equal fundamental values, either bec…