Full Description
Using the lens of history, A History of Financial Technology and Regulation illuminates recent changes to the world of finance. With lucid prose and the help of concrete examples, Seth Oranburg helps readers understand the role of technology in finance today, including complex phenomena such as mutual funds, cryptocurrencies, and the stock market itself. Chapters begin with basic principles and historical analogy before describing complex digital-investment strategies and instruments. Readers will also gain an introduction to key concepts in financial regulation, learning how law and regulations prevented some financial crises while perpetuating others. Oranburg concludes with ideas about what's next for finance and how the law should respond. This book will appeal to specialists and nonspecialists alike who are interesting in learning more about business, economics, finance, law, and regulation.
Contents
The First Era: The Wild West: 1. Under a buttonwood tree; 2. The golden spike; 3. Roar and crash; The Second Era: Electric Light: 4. A new deal; 5. Computational asymmetry; 6. Silicon valley; The Third Era: Social Media Investing: 7. The dot.com bubble; 8. Social media activism; 9. Cryptographic theory and decentralized finance; 10. Cryptocurrency regulation; 11. Crowdfunding.
