This book provides balanced coverage of the theories, policies and institutions in a conversational style making it one of the easiest to understand money and banking books on the market. Content emphasizes how structural change, globalization, innovation and technology affect the financial environment, with detailed attention given to how and why institutions and markets evolve.
It was an interesting insight into the financial system and the economy. It mainly focuses on an analytical framework which can be useful, but it can make it a bit dry and difficult to read at times.