Ocean State Libraries

David goes to work at the bank with his mom and learns how banks function.

"Simple text and illustrations introduce banks, discussing who works there, why they are important, and more."--

"Nearly all money today is simply bank credit. Economies run on it, and it is created when banks make loans. The main flaw in the current model is that private profiteers have acquired control of the credit spigots. They can cut off the flow, direct it to their cronies, and manipulate it for personal gain at the expense of the producing economy. The benefits of bank credit can be maintained while eliminating these flaws, through a system of banks...

John Cassidy describes the rising influence of what he calls utopian economics--thinking that is blind to how real people act and that denies the many ways an unregulated free market can produce disastrous unintended consequences. He then looks to the leading edge of economic theory, including behavioral economics, to offer a new understanding of the economy--one that casts aside the old assumption that people and firms make decisions purely on the...

"The best-selling author of Naked Statistics and Naked Economics explores the colorful world of money and banking to answer such questions as how money creation is used to counter financial crises, why the shared European currency has caused so much trouble and how Bitcoin will impact the future." --

Explains what banks are, the activities they perform, and the role they play in the community.