The world's largest market is that for foreign exchange with a turnover running into trillions per day. The mystery is why this market is dominated by trading in London when the US dollar is the main currency in use. What role is played by this market? To many it is a speculator's paradise, exposed to manipulation and contributing to currency volatility. For others it plays a central role in in the operation of the global banking system and a mechanism for maintaining currency stability. In Forex Forever, Ranald C. Michie seeks to provide answers to these and other questions by examining how the foreign exchange market has developed in the City of London over the past 150 years and uncovers its secret existence in London before the First World War. Michie explores how the City of London became the centre of the global foreign exchange market before 1914 through the international banking network, trading on the floor of the Stock Exchange, and the communications revolution that began wi
Your body has trillions of cells, and each one has the complexity and dynamism of a city. Your life, your thoughts, your diseases, and your health are all the function of cells.But what do you really
From the Financial Times's global finance correspondent, the incredible true story of the iconoclastic geeks who defied conventional wisdom and endured Wall Street's scorn to launch the index fund rev
Poetry. "How possibly can we reconcile the quotidian in our lives with the increasingly dire environmental destruction? Ignore it? Climb a tree and sit? How about mediating between these seemingly dis
We are facing a future of unbounded complexity. Whether that complexity is harnessed to build a world that is safe, pleasant, humane and profitable, or whether it causes us to careen off a cliff into
Kurt Cyrus's Trillions of Trees is an environmentalist picture book companion to the popular Billions of Bricks, about counting and planting trees.Grab a shovel and get ready to plant some trees! From
In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought
The winning nonfiction team returns with a larger-than-life math book that is sure to fascinate young readers. Huge numbers are hard to comprehend. This book explains quantities in terms children can
The winning nonfiction team returns with a larger-than-life math book that is sure to fascinate young readers. Huge numbers are hard to comprehend. This book explains quantities in terms children can
Trillions for Military Technology explains why the weapons purchased by the U.S. Department of Defense cost so much, why it takes decades to get them into production even as innovation in the civilian
