Macro Markets: Creating Institutions for Managing Society’s Largest Economic Risks.
by Shiller, Robert J
- Used
- Hardcover
- Signed
- first
- Condition
- See description
- Seller
-
Palm Beach, Florida, United States
Payment Methods Accepted
About This Item
Oxford: Oxford University Press, 1993. First edition of this work by the Nobel Prize-winning economist. Octavo, original cloth. Signed and dated by Robert Shiller on the title page. Fine in a near fine dust jacket. Arguing that we have largely inadequate financial markets, dealing with relatively small risks, Robert Shiller makes a unique set of proposals for marketizing the biggest economic risks faced by society today, risks that really matter to most people. The new markets could diminish the impact of international economic fluctuations and reduce the inequality of wealth. He proposes new international markets for claims on national incomes, on components and aggregates of national incomes, and for property such as real estate, and argues that these markets might dwarf our stock markets in their activity and significance. He challenges the widespread presumption that any such new market would be infeasible, by offering solutions to technical problems of measurement and settlement. There are proposals for implementing markets in perpetual claims and a substantial section on the construction of index numbers for use in settlement in the new markets. "A brilliant new book that I highly recommend" (Peter L. Bernstein).
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Details
- Bookseller
- Raptis Rare Books (US)
- Bookseller's Inventory #
- 108001
- Title
- Macro Markets: Creating Institutions for Managing Society’s Largest Economic Risks.
- Author
- Shiller, Robert J
- Book Condition
- Used
- Binding
- Hardcover
- Publisher
- Oxford University Press
- Place of Publication
- Oxford
- Date Published
- 1993
- Keywords
- macro-markets, robert-shiller-first-edition-signed
Terms of Sale
Raptis Rare Books
30 day return guarantee, with full refund including shipping costs for up to 30 days after delivery if an item arrives misdescribed.
About the Seller
Raptis Rare Books
Biblio member since 2012
Palm Beach, Florida
About Raptis Rare Books
Founded by Matthew and Adrienne Raptis, Raptis Rare Books is an antiquarian book firm that specializes in literature, children's books, economics, photo books, signed and inscribed books, and landmark books in all fields. Our business model is simple: we strive to handle books that are in exceptional condition and to provide exceptional customer service.
Glossary
Some terminology that may be used in this description includes:
- Jacket
- Sometimes used as another term for dust jacket, a protective and often decorative wrapper, usually made of paper which wraps...
- Fine
- A book in fine condition exhibits no flaws. A fine condition book closely approaches As New condition, but may lack the...
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
- Cloth
- "Cloth-bound" generally refers to a hardcover book with cloth covering the outside of the book covers. The cloth is stretched...
- Octavo
- Another of the terms referring to page or book size, octavo refers to a standard printer's sheet folded four times, producing...
- New
- A new book is a book previously not circulated to a buyer. Although a new book is typically free of any faults or defects, "new"...
- Title Page
- A page at the front of a book which may contain the title of the book, any subtitles, the authors, contributors, editors, the...