Author: Michael Szenberg
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
Samuelsonian Economics
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Samuelsonian Economics and the Twenty-First Century
Edited by Michael Szenberg, Lall Ramrattan, andAron A. Gottesman
- Illuminates and critically assesses Paul A. Samuelson’s voluminous and groundbreaking contributions to the field of economics
- Includes contributions from leading eminent scholars
- Accessible to a wide readership, as it provides technical and non-technical narrative
Michael Szenberg (born 1934) is a professor emeritus and past Chairman of the Finance and Economics department at Pace University’s Lubin School of Business.He was the editor of The American Economist
Szenberg is the author and editor of 23 books, including Economics of the Israeli Diamond Industry (Basic Books, 1973), The Welfare Effects of Trade Restrictions (Academic Press, 1976), Eminent Economists: Their Life Philosophies(Cambridge University Press, 1993), Franco Modigliani, A Mind That Never Rests (Palgrave Macmillan, 2008), Eminent Economists II: Their Life and Work Philosophies (Cambridge University Press, 2013), Secrets of Economic Editors (MIT Press, 2013), and other works many of which were translated into several languages.
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