It takes the average reader 3 hours and 20 minutes to read Understanding Ponzi Schemes by Mervyn K. Lewis
Assuming a reading speed of 250 words per minute. Learn more
A Ponzi scheme is one of the simplest, albeit effective, financial frauds to engineer, and new schemes keep coming forward. Despite this, however, people continue to invest in them. How are we to account for the seemingly never-ending lure of such schemes? In providing answers to this central question, this concise and well-researched book examines how Ponzi schemes operate, how they differ from pyramid schemes, Ponzi finance and other financial arrangements. The author questions whether the victims have only themselves to blame, why fraudsters think that they can avoid detection, and what important insights behavioural finance theory and psychology can add. Particular attention is paid to the reasons behind the failure of financial regulation, and the types of regulatory changes needed to protect investors and avoid repetitions. The analysis is informed by case studies of 11 Ponzi schemes in the US, UK, Australia and New Zealand. Finance and business academics interested in the operation of Ponzi schemes, and how they differ from pyramid schemes, will find this book invaluable, as will students of economics, finance, behavioural decision-making and psychology. Lawyers, psychologists, regulatory agencies and financial institutions will also benefit considerably from the analysis.
Understanding Ponzi Schemes by Mervyn K. Lewis is 200 pages long, and a total of 50,000 words.
This makes it 67% the length of the average book. It also has 61% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 33 minutes to read Understanding Ponzi Schemes aloud.
Understanding Ponzi Schemes is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Understanding Ponzi Schemes by Mervyn K. Lewis is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Understanding Ponzi Schemes by Mervyn K. Lewis on Amazon click the button below.
Buy Understanding Ponzi Schemes on Amazon