Money, Banking and Financial Markets

Core Principles

The Five Core Principles of

 

Money, Banking and Financial Markets

 

  • Time has value

  • Risk requires compensation

  • Information is the basis for decisions

  • Markets determine prices and allocate resources

  • Stability improves welfare

 

Welcome to Money, Banking and Financial Markets, the site where you can learn about finance and economics.  Here we comment on current events and policies, and provide lessons linked to our textbook: Money, Banking and Financial Markets, 6th edition, 2021.

Steve Cecchetti and Kim Schoenholtz

 

McGraw-Hill Presents: Audio Podcast
Regarding the Blog (September 2014).


Economics Blogs 2020

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