Some uncertainties are resolvable. The insurance industry's actuarial tables and the gambler's roulette wheel both yield to the tools of probability theory. Most situations in life, however, involve a deeper kind of uncertainty, a...

This book provides a guide to the complexities of modern finance. It describes the basics of investment and the sophisticated innovations of the modern financial system. It explains how the follies of finance have threatened the...

Other People's Money: The Real Business of Finance von Kay, John

If you want to go in one direction, the best route may involve going in another. This is the concept of 'obliquity': paradoxical as it sounds, many goals are more likely to be achieved when pursued indirectly. The richest men and women...

Using dozens of practical examples from the worlds of business, politics, science, sports, literature, even parenting, a leading economist charts the indirect road to happiness and wealth. von Kay, John

"The Long and the Short of It" von John Kay ist ein umfassender Leitfaden für Finanzen und Investitionen, der speziell für Menschen außerhalb der Branche konzipiert wurde. Das Buch bricht komplexe finanzielle Konzepte in leicht...

Shortlisted for the Orwell Prize 2016We all depend on the finance sector. We need it to store our money, manage our payments, finance housing stock, restore infrastructure, fund retirement and support new business. But these roles...