Emilio Barucci: 3 books

“The book provides a sharp analysis of what went wrong with Finance and led to the great crisis, and shows the ways through which Finance can get its credibility back. Regulation and high ethical standards are not enough!” Lorenzo Bini Smaghi, Chairman of Société Générale and Italgas spa,...

This work, now in a thoroughly revised second edition, presents the economic foundations of financial markets theory from a mathematically rigorous standpoint and offers a self-contained critical discussion based on empirical results. It is the only textbook on the subject to include more than two...

The main idea of this book is that the root cause of the financial crisis is the ambition to handle risk as a well-defined commodity that can be traded in the market. The book provides an interpretation of the crisis going beyond simple reconstructions. Finance cannot be rescued by simply referring...