Good Derivatives: A Story Of Financial And Environmental Innovation

Good Derivatives: A Story Of Financial And Environmental Innovation

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Through The Eyes Of An Inventor Of New Markets, Good Derivatives: A Story Of Financial And Environmental Innovation Tells The Story Of How Financial Innovation A Concept That Is Misunderstood And Under Attack Has Been A Positive Force In The Last Four Decades. If Properly Designed And Regulated, These Good Derivatives Can Open Vast Possibilities To Address A Variety Of Global Problems. Filled With Provocative Ideas, Fascinating Stories, And Valuable Lessons, It Will Provide Both An Insightful Interpretation Of The Last Forty Years In Capital And Environmental Markets And A Vision Of World Finance For The Next Forty Years.As A Young Economist At The Chicago Board Of Trade, Richard Sandor Helped Create Interest Rate Futures, A Development That Revolutionized Worldwide Finance. Later, He Pioneered The Use Of Emissions Trading To Reduce Acid Rain, One Of The Most Successful Environmental Programs Ever. He Will Provide Unique Insights Into The Process Of Creating These New Financial Products. Covering Successes And Failures, The Story Describes The Tireless Process Of Inventing, Educating And Creating Support For These New Inventions In Places Like Chicago, New York, London, Paris And How It Is Unfolding Today In Mumbai, Shanghai And Beijing.The Book Will Tell The Story Of The Creation Of The Chicago Climate Exchange And Its Affiliated Exchanges (European Climate Exchange, Chicago Climate Futures Exchange And Tianjin Climate Exchange, Located In China). The Lessons Learned In These Markets Can Play A Critical Role In Effectively Addressing Global Climate Change And Other Pressing Environmental Issues. The Author Argues That Marketbased Trading Systems Are A Far More Effective Means Of Reducing Pollutants Than Commandandcontrol. Environmental Markets May Ultimately Help To Find Solutions To Issues Such As Rainforest Destruction, Water Problems And Biodiversity Threats.Written In An Engaging, Narrative Style, Good Derivatives Will Be Of Interest To Both Practitioners And General Readers Who Want To Better Understand The Creative Process Of Financial Innovation. In The Middle Of So Much Distrust Of Markets, It Is Also A Recipe Of How Transparent, Wellregulated Markets Can Be A Force For Good In The Environmental, Health, And Social Areas.

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Shipping & Returns

Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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