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Frederic S. Mishkin
Columbia University
The Online Reader helps make Financial Markets and Institutions, Sixth Edition a unique teaching package to meet the needs of both professors and students. A basic problem of textbooks in the Financial Markets and Institutions field is that current events and financial innovation make many of the facts in the textbooks obsolete soon after they are published. To minimize this problem, Financial Markets and Institutions stresses a few basic financial and economic principles that never go out of date, rather than a set of facts that quickly do, to understand the structure of financial markets and institutions. To make this analytic approach to teaching Financial Markets and Institutions even more effective, it is important to keep the textbook analysis up to date by supplementing it with current articles on money, financial markets and institutions. This is what this Reader does.
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