Good Derivatives: A Story of Financial and Environmental Innovation

The Good Sorcerer will be the story of financial creativity in the last 40 years and how financial innovation can be harnessed to combat the worlds environmental problems. Known as the father of financial futures, author Richard Sandor has been on the forefront of financial innovation since the early 1970s, when, as a young economist he developed interest rate futures contracts at the Chicago Board of Trade. Subsequently, Sandor helped create catastrophe bonds (to mitigate weather risk), an...