TY - BOOK AU - Cargill,Thomas F. TI - The financial system, financial regulation and central bank policy SN - 9781107035676 (hardback) AV - HG1811 .C373 2017 U1 - 332.11 C276F 23 PY - 2017/// CY - New York PB - Cambridge University Press KW - Banks and banking, Central KW - Finance KW - Government policy KW - Banking law KW - BUSINESS & ECONOMICS / International / Economics KW - bisacsh N1 - Includes bibliographical references and index N2 - "Traditional money and banking textbooks are long, expensive, and full of so much institutional and technical modeling detail that students cannot understand the big picture. Thomas F. Cargill presents a new alternative: a short, inexpensive book without the 'bells and whistles' that teaches students the fundamentals in a clear, narrative form. In an engaging writing style, Cargill explains the three core components of money and banking, and their interactions: 1) the financial system, 2) government regulation and supervision, and 3) central bank policy. Cargill focuses on the interaction between government financial policy and central bank policy and offers a critique of the central bank's role in the economy, the tools it uses, how these tools affect the economy, and how effective these policies have been, providing a more balanced perspective of government policy failure versus market failure than traditional textbooks"--; "Traditional money and banking textbooks are long, expensive, and full of so much institutional and technical modeling detail that students can't understand the big picture. Tom Cargill presents a new alternative: a short, inexpensive book without the "bells and whistles" that teaches students the fundamentals in a clear, narrative form. In an engaging writing style, Cargill explains the three core components of money and banking, and their interactions: 1) the financial system, 2) government regulation and supervision, and 3) central bank policy. Cargill focuses on the interaction between government financial policy and central bank policy and offers a critique of the central bank's role in the economy, the tools it uses, how these tools affect the economy, and how effective these policies have been, providing a more balanced perspective of government policy failure versus market failure than traditional textbooks"-- ER -