Real World Banking and Finance: A Dollars & Sense Reader (5th Edn)

Where is the financial services industry headed? What does the subprime lending crisis that exploded in 2007 have in common with the savings and loan scandals of the 1980s? Can the stock market fund the baby boomers' retirement? Does it matter if the dollars falls in value? How do the actions of the major global financial institutions compare to their stated missions of fostering economic development and fighting poverty?

Real World Banking and Finance, 5th edition provides lively answers to these questions, assembling 55 sharply written, well-researched articles on banking and finance from the pages of Dollars & Sense, the leading magazine of popular economics.

In these pages you will follow the continued consolidation of the banking industry in the post-Glass Steagall era, examine the subprime and predatory lending sector, and take an in-depth look at retirement finance. You will also find thoughtful proposals for restructuring the financial system to make it more effective and more democratic. And you will grasp the basics--money, the Fed, interest rates, the stock market--more clearly thanks to Dollars & Sense's accurate, jargon-free explanations.

Dollars & Sense also publishes Real World Macro, Real World Micro, Real World Globalization, Current Economic Issues, Unlevel Playing Fields: Understanding Wage Inequality and Discrimination, Introduction to Political Economy, The Wealth Inequality Reader, The Environment in Crisis, Striking a Balance: Work, Family, Life, and Grassroots Journalism.