Derivatives The Wild Beast of Finance

by Alfred Steinherr
Derivatives The Wild Beast of Finance cover
Good Books rating 4.4
Business and Economics
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Technical
  • ID: 11185
  • Added: 2026-02-21
  • Updated: 2026-03-08
  • Publisher: John Wiley & Sons
  • Published: 2000-06-08
  • Reviews: 3

Derivatives The Wild Beast of Finance delves into the complex world of financial derivatives, placing them within a broader historical and economic context. The authors examine the powerful implications these instruments hold for the future of monetary policy and world banking, offering insights into their dramatic effects on the financial landscape. /n/n This work provides a comprehensive analysis of derivatives, reflecting on their role in shaping economic policies and the potential risks and opportunities they present. It serves as an essential read for those interested in understanding the intricacies of modern finance and its far-reaching consequences.

Reviews
Finance & Development · 2026-03-08
informative 4.00

The book is praised for its clear and non-technical explanation of derivatives markets. It is noted for its accessibility and well-written nature.

This review highlights the book's ability to demystify complex financial concepts. It's clear that the reviewer appreciates the straightforward approach taken by the author, making it accessible to a wider audience. The book is seen as a valuable resource for understanding the intricacies of derivatives markets, without delving into overly technical jargon. It's a well-rounded introduction that could be beneficial for both novices and those with some background in finance.

Quick quotes

    LFRED STEINHERR'S book is a well-written, clear, and nontechnical treatment of derivatives markets.

    It grew out of a paper he co-authored.

    A valuable and badly-needed book on an important subject.

Goodreads · Community Reviews · 498-09-01
enthusiastic 4.70

The book is highly recommended and deserves a soft five-star rating. However, it is criticized for being overly favorable towards derivatives in their current form.

The reviewer here is quite enthusiastic about the book, giving it a high rating and recommending it to others. They appreciate the bold predictions and recommendations made by the author regarding the future of global finance. However, they also note that the book might be too supportive of derivatives as they currently exist, which could be a point of contention for some readers. It's a comprehensive look at the subject, but it's important to approach it with a critical eye, considering the potential biases.

Quick quotes

    It at least deserves a soft five.

    My only gripe about it is it is severely in favor of derivatives in (mostly) its current form.

    When it first published in spring 1998, Derivatives: The Wild Beast of Finance made bold predictions and recommendations for the future of global finance.

Amazon · 498-09-01
valuable 4.50

The book is described as a valuable and much-needed resource on derivatives. It is recognized for its importance and the timely insights it provides.

The reviewer here emphasizes the significance of the book in the financial literature. They see it as a timely and necessary addition, providing insights that are crucial for understanding the complexities of derivatives. The book is not just seen as an academic exercise but as a practical guide that can help navigate the often treacherous waters of global finance. It's a book that is likely to be appreciated by professionals and students alike, offering a comprehensive overview of the subject matter.

Quick quotes

    Dr Steinherr has written a most valuable and badly-needed book on an important subject.

    This book is a most valuable and badly-needed book on an important subject.

    A timely and necessary addition to the financial literature.

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