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Product Details

Hardcover: 480 pages

Publisher: FT Press; 1 version (August 17, 2011)

Language: English

 

The human race created cash and finance: then, our innovations recreated us. In Extreme Money, best-selling creator and international finance knowledgeable Satyajit Das tells how this occurred and what it means. Das reveals the spectacular, harmful cash video games which can be producing more and more huge bubbles of faux progress, prosperity, and wealth–whereas endangering the jobs, possessions, and futures of just about everybody exterior finance.

 

“…virtually in a category of its own — part history, part book of financial quotations, part cautionary tale, part textbook. It contains some of the clearest charts about risk transfer you will find anywhere. …Others have laid out the dire consequences of financialisation (“the conversion of everything into monetary form”, in Das’s phrase), however few have performed it with a wider or extra entertaining vary of references…[Extreme Money] does… attain an essential, if worrying, conclusion: financialisation could also be too deep-rooted to be torn out. As Das places it — characteristically borrowing a line from a film, Inception — “the hardest virus to kill is an idea”.
-Andrew Hill “Eclectic Guide to the Excesses of the Crisis” Financial Times (August 17, 2011)

 

Extreme Money named to the longlist for the 2011 FT and Goldman Sachs Business Book of the Year award.

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