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How Markets Fail: The Logic of Economic Calamities
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How Markets Fail: The Logic of Economic Calamities 2009

by John Cassidy

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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.

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  • Title How Markets Fail: The Logic of Economic Calamities
  • Author John Cassidy
  • Binding unknown
  • Edition MP3
  • Language ENG
  • Publisher Blackstone Audio, Inc.
  • Publication date 2009-11
  • Features Unabridged
  • ISBN 9781441723093

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How Markets Fail: The Logic of Economic Calamities
Stock photo: cover may vary

How Markets Fail: The Logic of Economic Calamities

by John Cassidy

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ISBN 10 / ISBN 13
9781441723093 / 1441723099
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mp3_cd. Good. Access codes and supplements are not guaranteed with used items. May be an ex-library book.
Add to wish list
Item price
A$78.24
Free Delivery to USA