Cassidy cogently uses economic concepts to explain why the financial meltdown of 2008 (therabouts) was not such a. .
Cassidy cogently uses economic concepts to explain why the financial meltdown of 2008 (therabouts) was not such a big surprise.
Cassidy cogently uses economic concepts to explain why the financial meltdown of 2008 (therabouts) was not . How Markets Fail is an excellent overview of the field of modern day economics and its intellectual history.
At the end of your life, you will never regret not having passed one more test, not winning one more verdict or not closing one more deal. You will regret time not spent with a husband, a friend, a child, or a parent.
How Markets Fail: The Logic of Economic Calamities (2009) is a book by economist and journalist John Cassidy. The book was published in the US by Farrar, Straus and Giroux. How Markets Fail argues against unfettered free-market ideology and supports government regulation in the financial industry.
How Markets Fail book. How Markets Fail Logic of Economic Calamities . Cassidy's presentation of this particular field of economic dominant following the one-two counterpunching combination of Seventies' stagflation and Eighties' Communist collapse-struck me as being, for the most part, even-handed and well-informed, outlining and acknowledging both its successes and its attractive qualities, even as he endeavored to elucidate its growing detachment from the actual existing world in.
brilliantly dissects much of what has passed for economic wisdom, and decries the lack of humility .
brilliantly dissects much of what has passed for economic wisdom, and decries the lack of humility from those whose theories helped cause the disaster. -Floyd Norris, The New York Times. For Mr. Cassidy, the deeper roots of the crisis lie in the enduring appeal of an idea: that society is always best served when individuals are left to pursue their self-interest in free markets. An ambitious book, and one that mostly succeeds.
In How Markets Fail, John Cassidy describes the rising influence of what he calls utopian economics-thinking that is blind to how real people act and that denies the many ways an unregulated free market can produce disastrous unintended consequences. He then looks to the leading edge of economic theory, including behavioral economics, to offer a new understanding of the economy-one that casts aside the old assumption that people and firms make decisions purely on the basis of rational self-interest.
Cassidy, John, 1963-. Books for People with Print Disabilities. Internet Archive Books.
Narrated by Ralph Cosham. Behind the alarming financial headlines is a little-known story of bad ideas. What is Kobo Super Points? A loyalty program that rewards you for your love of reading. Explore rewards Explore Kobo VIP Membership.
In How Markets Fail, John Cassidy describes what he calls utopian economics and how the utopian thinking has led to economic crisis such as job losses, bank bailouts, and corporate greed
In How Markets Fail, John Cassidy describes what he calls utopian economics and how the utopian thinking has led to economic crisis such as job losses, bank bailouts, and corporate greed. Cassidy attempts to convince that utopian economics does not capture the true behaviors of humanity collectively leading to unanticipated and adverse economic outcomes. He presents the history of economics and contrasts the idea of utopian economics with reality based economics.
Author: Ralph Cosham,John Cassidy
Category: Business and Money
Publisher: Blackstone Audio, Inc.; Unabridged edition (November 17, 2009)
ePUB size: 1433 kb
FB2 size: 1344 kb
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