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How markets fail : the logic of economic calamities

By: Cassidy, John John, Cassidy

0141036516 / 9780141036519
Paperback
330
26/08/2010
7 in stock Need More ?
England
20 cm viii, 390 p.
Professional & Vocational  Learn More Tertiary Education (US: College)
Reprint. Originally published: New York: Farrar, Straus and Giroux; London: Allen Lane, 2009.

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.

BIC:

KCA Economic theory & philosophy, KCX Economic & financial crises & disasters

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