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How Markets Fail: The Logic of Economic Calamities
Cassidy John
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Description for How Markets Fail: The Logic of Economic Calamities
Paperback. How did we get to where we are? This title shows that the roots of our financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. Num Pages: 416 pages. BIC Classification: KCA; KCX. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 197 x 129 x 24. Weight in Grams: 306.
How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking.
How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking.
Product Details
Publisher
Penguin Books Ltd United Kingdom
Number of pages
416
Format
Paperback
Publication date
2010
Condition
New
Number of Pages
416
Place of Publication
London, United Kingdom
ISBN
9780141036519
SKU
V9780141036519
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-99
About Cassidy John
John Cassidy has covered economics and finance at The New Yorker magazine since 1995, writing on topics ranging from Alan Greenspan to the Iraqi oil industry and English journalism. He is also now a Contributing Editor at Portfolio where he writes the monthly Economics column. Two of his articles have been nominated for National Magazine Awards: an essay ... Read more
Reviews for How Markets Fail: The Logic of Economic Calamities
A very good history of economic thought
Economist
How Markets Fail offers a brilliant intellectual framework . . . fine work
New York Times
An essential, grittily intellectual, yet compelling guide to the financial debacle of 2009
Geordie Greig, Evening Standard
A powerful argument . . . Cassidy makes a compelling case that a ... Read more
Economist
How Markets Fail offers a brilliant intellectual framework . . . fine work
New York Times
An essential, grittily intellectual, yet compelling guide to the financial debacle of 2009
Geordie Greig, Evening Standard
A powerful argument . . . Cassidy makes a compelling case that a ... Read more