The original edition of The Encyclopedia of Money won widespread acclaim for explaining the function—
and dysfunction—of the financial system in a language any reader could understand. Now a decade later, with a more globally integrated, market-oriented world, and with consumers trying to make sense of subprime mortgages, credit default swaps, and bank stress tests, the Encyclopedia returns in an expanded new edition.
From the development of metal and paper currency to the ongoing global economic crisis, the rigorously
updated The Encyclopedia of Money, Second Edition is the most authoritative, comprehensive resource on
the fundamentals of money and finance available. Its 350 alphabetically organized entries—85 completely
new to this edition—help readers make sense of a wide range of events, policies, and regulations by
explaining their historical, political, and theoretical contexts. The new edition focuses most intently
on the last two decades, highlighting the connections between the onrush of globalization, the surging
stock market, and various monetary and fiscal crises of the 1990s, as well as developments, scandals,
and pocketbook issues making headlines today.