I wrote Bankers are people, too to help non-economists put the financial news into perspective.
Three recent news stories were no surprise to readers of my book.
- Articles about the Paradise Papers showed how global elites hide their wealth in tax havens.
I covered previous leaks in the chapter ‘Tax evasion and offshore services’ (p. 100).
Continue reading “Three news stories”
Several readers have asked me why I called my book Bankers are people, too: How finance works.
It sure wasn’t the working title, which was Money, Banks, and Power. The working title reflected the role of politics and regulation in real-life banking. A realistic description of the financial sector cannot neglect the world outside banks. Continue reading ““Bankers are people, too”: why that title?”
As announced, I’ve picked up the pace of blogging. Since I’m really proud of Bankers are people, too, I’m going to add a reference to my book under every post, whether the post is directly related to the book or not.
If you don’t have the time to read, you can also hire me for lectures. Short courses include the basics of banking, risk management, knowledge management and central banking/monetary policy. The courses are based on years of experience.
Furthermore, I give presentations to bankers, investors or students on the psychology of investing, financial technology (past, present and future), macroeconomics, and science versus economics.
Contact me for more information!
You might like Bankers are people, too: How finance works because it doesn’t contain any self-promotion.
My book is published!
Do you think banking is too hard for you? Are you convinced that all bankers are crooks? Would you like to follow the financial news, but you always get stuck on terms like derivatives, cryptocurrency or quantitative easing?
Then I have some good news. Continue reading “Bankers are people, too”
Regular readers of this blog have probably noticed that I haven’t posted much lately. There is a good reason for that: I’ve been busy getting my book ready for print. I got the proof copy in the mail yesterday.
After working on this project for more than a year, it feels great to finally hold the result!
The book will be out next week, once the final corrections are done.
Bankers are people, too is an introduction to finance for the general public. In about 200 pages, I give a big picture overview of banking and money. The book explains how commercial banks create money, what central banks do, the distinction between banks and insurers, how quantitative easing works, the interaction between finance and the economy, and much more.
The topics in Bankers are people, too are not exactly bedtime reading material. That’s why the text is interspaced with cartoons. The ideas in the book are illustrated with plenty of examples and figures.
As soon as the book is out, I’ll have more to say on its content and why I picked this title.
Does having to sell my book mean that this blog is going to devolve into a series of ads for it? Well, no. I have a huge backlog of ideas for posts. Including one on blockchain/bitcoin, an assessment of QE, some reviews of books I’ve read, and how I (sort of) became an economist.