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1

How markets fail : the logic of economic calamities.

CASSIDY John

ALLEN LANE

2009

390

331.97-CASSI

ECONOMIC CRISIS ; STOCK MARKET ; MONETARY POLICY ; BANK


Number of copies : 1
No. Call n° Bar code Commentary
1 [available]

Comment :

ISBN 13 : 978-1846143007

Contents : Contens

Part 1. Utopian economics
Warnings ignored and the conventional wisdom
Adam Smith's invisible hand
Friedrich Hayek's telecommunications system
The perfect markets of Lausanne
The mathematics of bliss
The evangelist
The coin-tossing view of finance
The triumph of utopian economics

Part 2. Reality-based economics
The prof and the polar bears
A taxonomy of failure
The prisoner's dilemma and rational irrationality
Hidden information and the market for lemons
Keynes's beauty contest
The rational herd
Psychology returns to economics
Hyman Minsky and Ponzi finance

Part 3. The great crunch
Greenspan shrugs
The lure of real chain
The subprime chain
In the alphabet soup
A matter of incentives
London Bridge is falling down
Socialism in our time

Language : English

Location : Nice Library

Material : Paper

Statement : Présent

Owner : Bibliothèque