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Acknowledgments vi
About the Authors ix
About Milken Institute xi
Chapter 1 The Evolution of Finance 1
Chapter 2 A Framework for Financial Innovation: Managing Capital Structure 27
Chapter 3 Innovations in Business Finance 51
Chapter 4 Innovations in Housing Finance 85
Chapter 5 Environmental Finance: Innovating to Save the Planet 117
Chapter 6 Financing the Developing World 149
Chapter 7 Financing Cures 185
Chapter 8 Six Cardinal Rules of Financial Innovation 215
Appendix The Black-Scholes Formula 225
Index 227
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