{"title":"Richard L Sandor","description":"\u003cp\u003eWelcome to the Richard L Sandor collection, where the world of finance and investment unfolds through the insightful works of a pioneering economist and entrepreneur. Richard L Sandor is renowned for his instrumental role in the creation of financial markets, particularly his contribution to the development of interest rate derivatives and environmental markets. His writings delve deep into the complex mechanisms that drive the financial industry, offering readers both a comprehensive overview and granular insights into the world of derivatives and market-based solutions.\u003c\/p\u003e\n\n\u003cp\u003eOne of the standout titles in this collection is \u003cem\u003eGood Derivatives\u003c\/em\u003e, a book that explores the positive impact derivatives have had on reducing systemic risk and providing solutions to various global challenges. Through this and other works, Sandor demystifies the intricacies of finance, making them accessible to both seasoned professionals and enthusiastic novices.\u003c\/p\u003e\n\n\u003cp\u003eWhether you are a finance student, an investor looking to deepen your understanding, or simply someone with an interest in economic innovations, Richard L Sandor's books serve as an invaluable resource. Dive into this collection to gain unique perspectives and deepen your knowledge of how markets function and evolve.\u003c\/p\u003e","products":[{"product_id":"good-derivatives-by-richard-l-sandor-9780470949733","title":"Good Derivatives","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eThrough the eyes of an inventor of new markets, \u003ci\u003eGood Derivatives: A Story of Financial and Environmental Innovation\u003c\/i\u003e 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.\u003c\/p\u003e\n\n\u003cp\u003eAs 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.\u003c\/p\u003e\n\n\u003cp\u003eThe 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 market-based trading systems are a far more effective means of reducing pollutants than “command-and-control”. Environmental markets may ultimately help to find solutions to issues such as rainforest destruction, water problems, and biodiversity threats.\u003c\/p\u003e\n\n\u003cp\u003eWritten in an engaging, narrative style, \u003ci\u003eGood Derivatives\u003c\/i\u003e 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, well-regulated markets can be a force for good in the environmental, health, and social areas.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47000628199660,"sku":"9780470949733","price":85.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/7ee9bef9bc8210f5e3021b84596248e3.jpg?v=1773004936"}],"url":"https:\/\/bookhero.co.nz\/collections\/richard-l-sandor.oembed","provider":"Book Hero","version":"1.0","type":"link"}