[Online library] Merton Miller on Derivatives






#2432807 in eBooks 2008-05-02 2008-05-02File Name: B000WEEFD2

0 of 0 people found the following review helpful. And now the booster side for unregulated derivatives, with little gems in itBy Phil O.This is a very accessible book showing a pure, unadulterated late 20th-century Chicago school view of derivatives. In this narrative, the regulators are always self-interested bunglers who can never do anything right, and the derivatives innovators are out there solving innumerable problems. (Some or much of both of these things have truth to them, by the way;From the PublisherThe winner of the 1990 Nobel Prize in Economics offers his valuable insights on the state of today's markets and the future of today's most talked about investment vehicle.From the Back CoverA rare opportunity to go one-on-one with an industry giant and one of today's most respectA rare opportunity to go one-on-one with an industry giant and one of today's most respected financial thinkers, Merton Miller on Derivatives is a refreshingly accessible overview of derivatives, the revolution they have wrought, and the disasters they've supposedly caused. Though routinely assailed by regulators and the media, derivatives are hailed by a celebrated group of practitioners, analysts, and theorists, led most notably by Nobel laureate Merton Miller. Miller is legendary for repeat...


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