How Markets Fail

The Logic of Economic Calamities
eAudio - unabridged
Audio (13.27 hours)
Product Number: Z100128022
Released: Aug 17, 2017
Business Term: Purchase
ISBN: #9781483058528
Narrator/s: Ralph Cosham
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Behind the alarming financial headlines is a little-known story of bad ideas. For over fifty years, economists have been developing elegant theories of how markets work. What about when markets don't work? What about when they lead to stock-market bubbles, glaring inequality, polluted rivers, real-estate crashes, and credit crunches? In How Markets Fail, Cassidy describes the influence "utopian economics" thinking that is blind to how real people act and that denies the ways an unregulated free market can produce disastrous unintended consequences. Oil-price spikes, CEO greed cycles, and boom-and-bust waves are the inevitable outcome of self-serving behavior in a modern market setting. Cassidy looks to the leading edge of economic theory, including behavioral economics, for a new, enlightening view of our volatile global economy.

Author(s): John Cassidy
Original Publish Date: Nov 17, 2009

All formats/editions

Author(s): John Cassidy
Product Number EB00102962
Released: Oct 28, 2013
Business Term: 52 Circ / 730 Day
ISBN: #9781429990691

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