Good Derivatives

Good Derivatives tells the story of how financial innovation has been a positive force in the last four decades. Filled with provocative ideas, fascinating stories, and valuable lessons, it will provide both an insightful interpretation of the last forty years in the capital and environmental markets. It introduces a new vision of world finance for the next forty years. Covering successes and failures, the story describes the tireless process of inventing, educating, and creating support for these new inventions. 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.