Global Financial Meltdown

COLIN READ has a Ph.D. in Economics, a law degree, and master's degree in business and in taxation. He has taught economics and finance for twenty five years, and is currently Dean of a school of business and economics in New York, USA. He has recently published a book on International Taxation, and appears regularly on a local PBS show on economic development, and is a prolific writer on a variety of economic issues.

'Colin Read has presented a useful account of the modern financial system and the pitfalls of the current regulatory structure. This book will be very helpful to those trying to make sense of the current financial crisis' - Dean Baker, Co-Director, Center for Economic Policy Research, Washington, D.C., USA 'Professor Read adroitly straddles the divide between arcane economic reasoning and the layperson's appetite for understanding the intricacies of the modern financial system. The book presumes some basic knowledge of economics in its coverage of a rather extensive landscape of topics. At the same time, it eschews heavy theoretical exposition in favor of a conversational approach with moorings at key points in history and a blend of social commentary. Professor Read is thoughtful and provocative in building toward his global prescriptions for a better economic future.' - Wade Thomas, Professor of Economics, State University of New York College at Oneonta, USA 'GetAbstract recommends this comprehensive manual to anyone who wants a firmer, basic understanding of economics.' - getAbstract.com

• Contents Introduction SECTION I: EVOLUTION OF THE MODERN ECONOMIC SYSTEM SECTION II: CREATION OF THE CONSUMER-INVESTOR SECTION III: AN EMERGING NEW WORLD  SECTION IV: BANKS AND CENTRAL BANKING  SECTION V: FINANCIAL FAILURES  SECTION VI: POLITICS AND PERCEPTIONS  Conclusions Epilogue Index