Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    The Little Money Book
    Unavailable
    The Little Money Book
    Unavailable
    The Little Money Book
    Ebook270 pages4 hours

    The Little Money Book

    By David Boyle

    5/5

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    They say money is the root of all evil. That’s debatable, but one thing that’s not is that money and its attendant enterprises—buying, selling, lending, borrowing, credit cards, the stock market and banking—is an inescapable component of the fabric of modern life. How did this come to be? Money and the complex system that makes it work is a man-made product that we invented and yet, like Frankenstein, it has us all in its grip. From the poorest to the wealthiest, we worry about money.

    This highly accessible and easy-to-read synthesis of complex subjects asks some of the obvious questions about money and finance that few of us stop to think about.

    For instance, what is the real “value” of money? Well, astonishingly, nobody agrees. But most people seem to accept that it is lent into existence by the commercial banks. When you stash money in the bank, they must keep around 8 percent of that loan on deposit—in case there's a run on the bank—but all the rest is lent out again many times over. In other words, most of our mortgages and bank loans are created as if by magic by a stroke of the pen.

    That's the strange truth behind modern money. We don't mine it, we don't find it on a beach, it bears no relation to anything real, but still some people have vast amounts of it and some people have none at all. And we hardly ever talk about it.

    LanguageEnglish
    PublisherRed Wheel Weiser
    Release dateApr 1, 2006
    ISBN9781934708248
    Unavailable
    The Little Money Book
    Author

    David Boyle

    David Boyle is a journalist and alternative economist who has been writing about new ideas in economics in the ‘New Statesman’, ‘Guardian’ and ‘European’ for more than a decade. He is the editor of ‘New Economics’ magazine and presenter of Channel Four’s ‘Worldwise Reports’ and BBC2’s ‘Midnight Hour’.

    Read more from David Boyle

    Related to The Little Money Book

    Related ebooks

    Finance & Money Management For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Charitable Giving Under the New Tax Law

      Mar 8, 2018

      The chance to get a deduction for their generosity often motivates charitable givers to become even more generous and write larger checks. But under the Tax Cuts and Jobs Act, far fewer taxpayers will itemize deductions when they file their tax retur

      9 min read

    • Article

      “I Am the Bank”

      Oct 11, 2019

      “I Am the Bank”
      9 min read

    • Article

      Trusts 101: Why Have a Trust?

      Jun 11, 2019

      It's a well-documented fact that most people do no estate planning. Of those who do, the majority use a last will to pass their estate to a spouse or divide it among their children. Most estate plans do not establish a trust. I suggest that if you c

      2 min read

    • Article

      How to Search for Old Savings Bonds

      May 1, 2018

      [Question]My grandfather and father passed away when I was 8 years old. I heard they had savings bonds for me. I'm 37 now and have no one left to ask about it. How do I find out if there really are any savings bonds for me, and how do I go about find

      2 min read

    • Article

      There is No Place Like Home: Mature Foreign Asset Protection Trusts Are Coming Home

      Feb 14, 2018

      Do you have a foreign asset protection trust (FAPT)? Has it been established for more than 10 years? Are you interested in ways you can save on the costs of maintaining your FAPT? You may now bring your trust home to a qualifying state and still ma

      2 min read

    • Article

      Are Debt Collectors Overcharging You? How to Protect Yourself

      Aug 25, 2022

      It’s tough enough trying to get ahead of a debt that’s gone to collection; it’s worse when a debt collector piles on fees, charging you extra to give them money. Yep, that’s right. According to federal officials, some debt collectors charge consumers

      3 min read

    • Article

      Should You Do Your Own Taxes or Hire a Professional?

      Jan 30, 2020

      For some people, tax season poses little worry, and the process occurs painlessly. Simply populate the requisite fields on your 1040 with info from your W-2, claim the standard deduction, sign on the dotted line and e-file. After that, the check is

      4 min read

    • Article

      Can You Just Walk Away from a Debt-Riddled Business and Start Fresh?

      May 28, 2020

      In the wake of the coronavirus shutdown, many business owners are under immense financial stress caused by the economic impact of a nearly worldwide standstill. Some may be in or at risk of breach or default. Creditors may be jockeying for payment an

      7 min read

    • Article

      Why You May Need a Pro Trustee: Trust Administration is Not Just Common Sense

      Jan 14, 2019

      As an officer at a trust company, I often find myself defending the use of a professional trustee to attorneys and prospects. Typically, criticisms of trustees center around fees, locality and beneficiaries' perceived lack of access to funds and to t

      4 min read

    • Article

      Changes To Trust Legislation

      Apr 2, 2020

      It has often been considered that the role of trustee of a trust is an onerous one, with trustees exposed to liability claims by beneficiaries if financial decisions don’t work out. This has led to increasing reluctance by professionals to offer them

      2 min read

    • Article

      IRS Form W-4: How Many Allowances Should I Claim?

      May 9, 2019

      My son recently sent me a text asking, "Is it better to claim 1 or 0 allowances?" He was starting a new job that day, so I instantly knew he needed guidance on how to fill out a W-4 form. That's the IRS form you use to let your boss know how much fed

      6 min read

    • Article

      The Bank of Mom and Pop: The Benefits Afforded by Intrafamily Lending

      Jul 3, 2019

      She's done all the right things: She's worked hard in school, earned an advanced degree and has laid the groundwork toward finding a job in a well-paying career. Impressive as this recent graduate's successes are, banks aren't in the habit of giving

      4 min read

    • Article

      What To Consider When A Trust Is Involved In Legal Action

      Oct 17, 2020

      ANY LEGAL action by a trust must be properly brought in the names of the trustees. Since a trust is not a person and cannot act, when litigation is initiated the action must be brought (or defended) by its trustees. Although it is desirable to cite t

      3 min read

    • Article

      Entrepreneurs Pay Too Much in Taxes Because They Don't Do This

      Mar 29, 2019

      As we head deeper into tax season, we're starting to hear from more and more Americans experiencing sticker shock as they file their returns. Gone is the comforting and often sizable refund check they've come to expect every year. Instead, they're fi

      2 min read

    • Article

      Consider Your Trustee Carefully: It Makes a Difference

      Oct 14, 2019

      You've made it to a place in your estate planning where it's been determined that setting up a trust will help accomplish the many goals you have for your family. You've done extensive research and worked with your adviser to select the type of tr

      2 min read

    • Article

      What Happens To Your Debt When You Die

      Jun 18, 2021

      IT ISN’T something that we like thinking about but even after we die there are still expenses that need to be paid – and these expenses increase when you have debt. This week we take a look at what happens to your debt in the event of your passing.

      3 min read

    • Article

      Don’t Throw Away a $12.06M Estate Tax Exemption by Accident

      Apr 14, 2022

      The federal estate tax exemption and gift exemption is presently $12.06 million. A married couple can transfer $24.12 million to their children or loved ones free of tax with proper planning. The exemption is tied to inflation, so it will continue to

      3 min read

    • Article

      House of Cards

      Oct 11, 2019

      House of Cards
      15 min read

    • Article

      It’s Time For Action On Privacy

      Jan 28, 2019

      IN 2019, IT’S TIME TO STAND UP FOR THE RIGHT TO privacy—yours, mine, all of ours. Consumers shouldn’t have to tolerate another year of companies irresponsibly amassing huge user profiles, data breaches that seem out of control and the vanishing abili

      2 min read

    Reviews for The Little Money Book

    5/5

    1 rating0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words