Finance

Explore the history of modern finance, from the gold standard to globalization, and understand its complex impact on global economic stability.

The rise of household indebtedness in America, a phenomenon driven by financial deregulation, subprime lending, and credit card usage, has significant implications for individual households, the economy, and policymakers.

Explore the evolution of monetary theory from traditional gold standards to modern fiat currency regimes and understand how innovations like fractional reserve banking and central bank control have shaped the global economy.