The mechanics of money | Business Line
The mechanics of money | Business Line
Online comments posted on June 12, 2013:
Online comments posted on June 12, 2013:
Dr D Subbarao’s article “The mechanics of money” (Business Line, June 12) is much more than a review of the book “The Physics of Wall Street” by James O. Weatherall. The article gives insight into the function of money and how one deeply involved in handling monetary policy perceives the role of money.
A quick read of the article will also help today’s busy executives to approach books and reading habit in general from a pragmatic angle. Those who are more interested in financial markets and products on display there, can benefit from pointers to the evolution of ‘market’ during the last century and also try to find answers to questions like “Is a hurricane more likely to hit because more hurricane insurance has been written?” posed by The Economist long back.
In sum, this brief story is a sumptuous treat which will ignite your appetite for further reading.
M G WARRIER
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