The Future of Futures: The Time of Money in Financing and Society

Note moyenne 0
( 0 avis fournis par Goodreads )
 
9781849801522: The Future of Futures: The Time of Money in Financing and Society

This book reconstructs the dynamics of economics, beginning explicitly with the role and the relevance of time: money uses the future in order to generate present wealth. Financial markets sell and buy risk, thereby binding the future. Elena Esposito explains that complex risk management techniques of structured finance produce new and uncontrolled risks because they use a simplified idea of the future, failing to account for how the future reacts to attempts at controlling it. During the recent financial crisis, the future had already been used (through securitizations, derivatives and other tools) to the extent that we had many futures, but no open future available.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

About the Author :

Elena Esposito, Universita di Modena e Reggio Emilia, Italy

Review :

`The Future of Futures is an innovative and timely book, an excellent and accessible introduction. Readers would be well advised to put their intellectual certainties at risk by engaging with it, observe their reactions to its insights, paradoxes and analyses, learn from its challenging, paradigm-busting arguments, and contribute thereby to the development of science and the critique of economics.' -- SirReadaLot.org `Within the cacophony of voices trying to explain the recent financial crisis, Elena Esposito's voice sounds clear and deep. Steering away from simplistic condemnations and equally simplistic prescriptions for betterment, she connects the very invention of derivatives to that eternal human hope - of controlling the future. While the task is impossible, the attempts never stop, and the very process of attempting it brings some consolation. And while derivatives can be seen, claim sociologists of finance, as performative, that is shaping the future they promise to control, even this is far from certain. Esposito's fascinating and beautiful work is an important contribution to the sociology of finance, a subdiscipline of sociology that took on itself an extremely important task of explaining how the finance markets really work.' -- Barbara Czarniawska, University of Gothenburg, Sweden `This is a brilliant and timely book that shows how financing is centrally implicated in the very unpredictability and uncertainty it purports to master. With the incisiveness characteristic of her style and writing, Esposito reads economics in innovative ways that disclose the hidden premises by which financial instruments trade and consume the prospects of the future.' -- Jannis Kallinikos, London School of Economics, UK `Elena Esposito's analysis of financial markets and of their recent decline is radically different from the analyses which can be found in economic journals or books. Financial operations are reduced to their basic dimensions: time and money. Under this perspective, what is sold on financial markets is the possibility for the creation of commitments in the course of time, the possibility for the combination of these commitments with one another, and the identification of chances for the achievement of profit opportunities through the creation of specific combinations. The author argues that the recent crisis of the financial system was caused by oversimplified visions of the future and of risk leading to the consequence that options were not available in the present because all possibilities had been used up by the future. This oversimplified vision of the future imploded, and trust with it. The state tried to reconstruct options for the future in order to open up new possibilities and chances for learning. The author does not deliver recipes on how to prevent severe crises of the financial system in the future. Yet, her concept facilitates understanding of how financial futures are opened up or closed and thus provides insights into basic principles on whose basis future opportunities can be kept open and trust can be maintained. Innovative reforms of the financial system can only develop on the basis of unconventional analyses. Elena Esposito's book contains an analysis of this kind.' -- Alfred Kieser, Mannheim University, Germany `Elena Esposito's book is a fundamental analysis of time in economics. With economic rigour underpinned by sociological reasoning, she explains the futures market more clearly than is possible with economic analysis alone. Economic concepts are considered in terms of time - actors deal in the present with future risks by transferring these risks to the present situation. As a result, we get more options and more risks at the same time: at present. No equilibrium will balance these trades because of the asymmetry of time: our actual decisions deal with our imagination of the future, that is, with the future of the present, but the results will be realized in the presence of the future - different modalities of time. The book is a sound reflection on modelling time in economic theory, a "must" for economists.' -- Birger P. Priddat, Witten/Herdecke University, Germany `The Future of Futures is an original and intellectually provocative book which forces the reader to think. Esposito's essay fulfils two rather different functions. On the one hand, it brings new and persuasive arguments to bear against the erroneous thesis that the present financial crisis is merely due to human mistakes and to some specific government failures. On the other hand, the book suggests that only by reconsidering the role of time in the economy is it possible to make full sense of the crisis and to re-orient in a desired direction the future movements of money. It is a well-known fact that traditional economics has always adhered to a spatial conception of time, according to which time, like space, is perfectly reversible. Whence its inability both to understand how economies develop and to prescribe adequate policies. The author's proposal is to move steps ahead in the direction of an analysis of an economy in time, where both historical time and time as duration can find a place. Esposito's well-written, jargon-free book will capture the attention of anyone seriously interested in the future of our market systems.' -- Stefano Zamagni, University of Bologna and Johns Hopkins University, Bologna Center, Italy

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Meilleurs résultats de recherche sur AbeBooks

1.

Elena Esposito
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Quantité : > 20
Vendeur
BWB
(Valley Stream, NY, Etats-Unis)
Evaluation vendeur
[?]

Description du livre État : New. Depending on your location, this item may ship from the US or UK. N° de réf. du libraire 97818498015220000000

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 77,32
Autre devise

Ajouter au panier

Frais de port : Gratuit
Vers Etats-Unis
Destinations, frais et délais

2.

Elena Esposito
Edité par Edward Elgar Publishing Ltd 2011-02-28 (2011)
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Couverture rigide Quantité : 5
Vendeur
Chiron Media
(Wallingford, Royaume-Uni)
Evaluation vendeur
[?]

Description du livre Edward Elgar Publishing Ltd 2011-02-28, 2011. Hardcover. État : New. N° de réf. du libraire NU-MAR-00048928

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 85,58
Autre devise

Ajouter au panier

Frais de port : EUR 3,33
De Royaume-Uni vers Etats-Unis
Destinations, frais et délais

3.

Elena Esposito
Edité par Edward Elgar Publishing Ltd, United Kingdom (2011)
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Couverture rigide Quantité : 10
Vendeur
The Book Depository
(London, Royaume-Uni)
Evaluation vendeur
[?]

Description du livre Edward Elgar Publishing Ltd, United Kingdom, 2011. Hardback. État : New. Language: English . Brand New Book. This book reconstructs the dynamics of economics, beginning explicitly with the role and the relevance of time: money uses the future in order to generate present wealth. Financial markets sell and buy risk, thereby binding the future. Elena Esposito explains that complex risk management techniques of structured finance produce new and uncontrolled risks because they use a simplified idea of the future, failing to account for how the future reacts to attempts at controlling it. During the recent financial crisis, the future had already been used (through securitizations, derivatives and other tools) to the extent that we had many futures, but no open future available. N° de réf. du libraire AAJ9781849801522

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 92
Autre devise

Ajouter au panier

Frais de port : Gratuit
De Royaume-Uni vers Etats-Unis
Destinations, frais et délais

4.

Elena Esposito
Edité par Edward Elgar Publishing Ltd, United Kingdom (2011)
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Couverture rigide Quantité : 10
Vendeur
The Book Depository US
(London, Royaume-Uni)
Evaluation vendeur
[?]

Description du livre Edward Elgar Publishing Ltd, United Kingdom, 2011. Hardback. État : New. Language: English . Brand New Book. This book reconstructs the dynamics of economics, beginning explicitly with the role and the relevance of time: money uses the future in order to generate present wealth. Financial markets sell and buy risk, thereby binding the future. Elena Esposito explains that complex risk management techniques of structured finance produce new and uncontrolled risks because they use a simplified idea of the future, failing to account for how the future reacts to attempts at controlling it. During the recent financial crisis, the future had already been used (through securitizations, derivatives and other tools) to the extent that we had many futures, but no open future available. N° de réf. du libraire AAJ9781849801522

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 92,13
Autre devise

Ajouter au panier

Frais de port : Gratuit
De Royaume-Uni vers Etats-Unis
Destinations, frais et délais

5.

Elena Esposito
Edité par Edward Elgar Publishing Ltd
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Couverture rigide Quantité : 5
Vendeur
THE SAINT BOOKSTORE
(Southport, Royaume-Uni)
Evaluation vendeur
[?]

Description du livre Edward Elgar Publishing Ltd. Hardback. État : new. BRAND NEW, The Future of Futures: The Time of Money in Financing and Society, Elena Esposito, This book reconstructs the dynamics of economics, beginning explicitly with the role and the relevance of time: money uses the future in order to generate present wealth. Financial markets sell and buy risk, thereby binding the future. Elena Esposito explains that complex risk management techniques of structured finance produce new and uncontrolled risks because they use a simplified idea of the future, failing to account for how the future reacts to attempts at controlling it. During the recent financial crisis, the future had already been used (through securitizations, derivatives and other tools) to the extent that we had many futures, but no open future available. N° de réf. du libraire B9781849801522

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 90,94
Autre devise

Ajouter au panier

Frais de port : EUR 7,74
De Royaume-Uni vers Etats-Unis
Destinations, frais et délais

6.

Elena Esposito
Edité par Edward Elgar Publishing Ltd (2011)
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Quantité : 10
Vendeur
Books2Anywhere
(Fairford, GLOS, Royaume-Uni)
Evaluation vendeur
[?]

Description du livre Edward Elgar Publishing Ltd, 2011. HRD. État : New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. N° de réf. du libraire CA-9781849801522

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 89,01
Autre devise

Ajouter au panier

Frais de port : EUR 10,03
De Royaume-Uni vers Etats-Unis
Destinations, frais et délais

7.

Elena Esposito
Edité par Edward Elgar Pub (2011)
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Couverture rigide Quantité : 1
Vendeur
Ergodebooks
(RICHMOND, TX, Etats-Unis)
Evaluation vendeur
[?]

Description du livre Edward Elgar Pub, 2011. Hardcover. État : New. N° de réf. du libraire DADAX1849801525

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 98,46
Autre devise

Ajouter au panier

Frais de port : EUR 3,42
Vers Etats-Unis
Destinations, frais et délais

8.

Esposito, Elena
Edité par Edward Elgar Pub (2011)
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Quantité : 18
Vendeur
Paperbackshop-US
(Wood Dale, IL, Etats-Unis)
Evaluation vendeur
[?]

Description du livre Edward Elgar Pub, 2011. HRD. État : New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. N° de réf. du libraire T5-9781849801522

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 105,83
Autre devise

Ajouter au panier

Frais de port : EUR 3,42
Vers Etats-Unis
Destinations, frais et délais

9.

Esposito, Elena
Edité par Edward Elgar Pub (2011)
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Couverture rigide Quantité : 1
Vendeur
Revaluation Books
(Exeter, Royaume-Uni)
Evaluation vendeur
[?]

Description du livre Edward Elgar Pub, 2011. Hardcover. État : Brand New. 256 pages. 9.50x6.50x0.75 inches. In Stock. N° de réf. du libraire __1849801525

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 111,60
Autre devise

Ajouter au panier

Frais de port : EUR 6,68
De Royaume-Uni vers Etats-Unis
Destinations, frais et délais

10.

Esposito Elena
Edité par Edward Elgar Publishing Limited
ISBN 10 : 1849801525 ISBN 13 : 9781849801522
Neuf(s) Quantité : 3
Vendeur
Majestic Books
(London, ,, Royaume-Uni)
Evaluation vendeur
[?]

Description du livre Edward Elgar Publishing Limited. État : New. pp. 215. N° de réf. du libraire 5892061

Plus d'informations sur ce vendeur | Poser une question au libraire

Acheter neuf
EUR 112,90
Autre devise

Ajouter au panier

Frais de port : EUR 6,12
De Royaume-Uni vers Etats-Unis
Destinations, frais et délais

autres exemplaires de ce livre sont disponibles

Afficher tous les résultats pour ce livre