000			04229cam a2200421 i 4500
999			_c95305 _d95305
003			BJBSDDR
005			20230410142423.0
007			ta
008			141215s2015 nyua b 001 0 eng
020			_a9780465064724 (hardcover)
040			_aDLC _bspa _cDLC
041			_aeng
042			_apcc
050	0	0	_aHG 1709 _bP173s 2015
082	0	0	_a332.1 _223
084			_aBUS027000 _aBUS004000 _aBUS069000 _2bisacsh
100			_aPalmer, Andrew, _d1970 _eauthor
245	1	0	_aSmart money : _bhow high-stakes financial innovation is reshaping our world-for the better / _cAndrew Palmer.
264		1	_aNew York : _bBasic Books, A Member of the Perseus Books Group, _c[2015]
300			_axviii, 285 pages : _billustrations ; _c25 cm
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
504			_aIncludes bibliographical references (pages 253-265) and index.
505			_aHandmaid to history -- From breakthrough to meltdown -- The most dangerous asset in the world -- Social-impact bonds and the shrinking of the state -- Live long and prosper -- Equity and the license to dream -- Peer-to-peer lending and the flaws of finance -- The edge: reaching the marginal borrower -- Tail risk: pricing the probability of mayhem.
520			_a"Seven years after the financial crisis of 2008, financiers remain villains in the public mind. Most Americans believe that their irresponsible actions and complex financial products wrecked the economy and destroyed people's savings, and that bankers never adequately paid for their crimes. But as Economist journalist Andrew Palmer argues in Smart Money, this much maligned industry is not only capable of doing great good for society, but offers the most powerful means we have for solving some of our most intractable social problems. From Babylon to the present, the history of finance has always been one of powerful innovation. Now a new generation of financial entrepreneurs is working to revive this tradition of useful innovation, and Palmer shows why we need their ideas today more than ever. Traveling to the centers of finance across the world, Palmer introduces us to peer-to-peer lenders who are financing entrepreneurs the big banks won't bet on, creating opportunities where none existed. He explores the world of social-impact bonds, which fund programs for the impoverished and homeless, simultaneously easing the burden on national governments and producing better results. And he explores the idea of human-capital contracts, whereby investors fund the educations of cash-strapped young people in return for a percentage of their future earnings. In this far-ranging tour of the extraordinarily creative financial ideas of today and of the future, Smart Money offers an inspiring look at the new era of financial innovation that promises to benefit us all. "-- _cProvided by publisher.
520			_a"Six years after the financial crisis, bankers and other Wall Street types remain villains in the public mind. The standard critique says that they wrecked the economy and destroyed people's savings, and never adequately paid for their crimes. But as Economist editor Andrew Palmer reveals in Smart Money, this detested industry is not only capable of doing great good for society, but offers the most powerful means we have for solving some of our most intractable social problems. Drawing on interviews with leading financiers and a new breed of financial entrepreneurs, Palmer provides a sweeping account of the history, present, and future of financial innovation, arguing that we need it more today than ever before"-- _cProvided by publisher.
650		0	_aBanks and banking _xTechnological innovations.
650		0	_aFinance _xTechnological innovations.
650		7	_aBUSINESS & ECONOMICS / Finance. _2bisacsh
650		7	_aBUSINESS & ECONOMICS / Banks & Banking. _2bisacsh
650		7	_aBUSINESS & ECONOMICS / Economics / General. _2bisacsh
650		0	_aFinanzas _9157 _zEstados Unidos
650		0	_aNegocios y Economía _9545 _xEconomia General
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2lcc _cBK