An accessible, intuitive outline of key developments in central banking practice and thinking.

In the crises of the past fifteen years, central bankers have become big public players in a drama that affects all our lives, involving financial market crashes, public health threats and devastating economic downturns. Having played a lead role in the global financial crisis and the coronavirus crisis, they are now being asked to broaden their appeal. But the key aim has always been one of simply ensuring monetary and financial stability. In this book, NIESR director Jagjit Chadha unpacks the world of central banking, explaining in accessible language the analytical techniques, policy toolkits or simple story-telling that they use to understand the economy, to implement monetary policy and to communicate their decisions to key decision-makers and the wider public.

It was a time when anything seemed possible–instant wealth, glittering fame, fabulous luxury–and for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investors’ money in three months, the dapper, charming Ponzi raised the “rob Peter to pay Paul” scam to an art form. At the peak of his success, Ponzi was raking in more than $2 million a week at his office in downtown Boston. Then his house of cards came crashing down–thanks in large part to the relentless investigative reporting of Richard Grozier’s Boston Post. A classic American tale of immigrant life and the dream of success, Ponzi’s Scheme is the amazing story of the magnetic scoundrel who launched the most successful scheme of financial alchemy in modern history.

America’s most irascible and hilarious curmudgeon turns a kind and benevolent eye toward brave, hardy, and hardworking souls around the country who have found ways to break free from corporate tentacles; redefine success in business, politics, and life in general; and blaze new pathways toward a richer and happier way of life, from the farmers’ cooperative that said “NO!” to Wal-Mart and thrived to the economists who got into the coffee business by accident and turned the entire industry on its ear.

The Handbook of Social Work in Health and Aging is the first reference to combine the fields of health care, aging, and social work in a single, authoritative volume. These areas are too often treated as discrete entities, while the reality is that all social workers deal with issues in health and aging on a daily basis, regardless of practice specialization. As the baby boomers age, the impact on practice in health and aging will be dramatic, and social workers need more specialized knowledge about aging, health care, and the resources available to best serve older adults and their families. The volume's 102 original chapters and 13 overviews, written by the most experienced and prominent gerontological health care scholars in the United States and across the world, provide social work practitioners and educators with up-to-date knowledge of evidence-based practice guidelines for effectively assessing and treating older adults and their families; new models for intervention in both community-based practice and institutional care; and knowledge of significant policy and research issues in health and aging. A truly monumental resource, this handbook represents the best research on health and aging available to social workers today.

Controlling Capital examines three pressing issues in financial market regulation: the contested status of public regulation, the emergence of ‘culture’ as a proposed modality of market governance, and the renewed ascendancy of private regulation. In the years immediately following the outbreak of crisis in financial markets, public regulation seemed almost to be attaining a position of command – the robustness and durability of which is explored here in respect of market conduct, European Union capital markets union, and US and EU competition policies. Subsequently there has been a softening of command and a return to public-private co-regulation, positioned within a narrative on culture. The potential and limits of culture as a regulatory resource are unpacked here in respect of occupational and organisational aspects, stakeholder connivance and wider political embeddedness. Lastly the book looks from both appreciative and critical perspectives at private regulation, through financial market associations, arbitration of disputes and, most controversially, market ‘policing’ by hedge funds. Bringing together a distinguished group of international experts, this book will be a key text for all those concerned with issues arising at the intersection of financial markets, law, culture and governance.