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How Markets Fail: The Logic of Economic Calamities

How Markets Fail: The Logic of Economic Calamities

Name: How Markets Fail: The Logic of Economic Calamities
Brand: Recyclivre
Author: John Cassidy
ISBN: 9780312430047

John Cassidy

23/11/2010
Picador Usa

NC (0 avis)

Couverture de How Markets Fail: The Logic of Economic Calamities par John Cassidy

Résumé

Présentation de l'éditeur For fifty years, economists have been developing elegant theories or how markets facilitate innovation, create wealth, and allocate society's resources efficiently. But what about when they fail, when they lead us to stock market bubbles, glaring inequality, polluted rivers, and credit crunches? In How Markets Fail, John Cassidy describes the rising influence of utopian economies--the thinking that is blind to how real people act and that denies the many ways an unregulated free market can bring on disaster. Combining on-the-ground reporting and clear explanations of economic theories Cassidy warns that in today's economic crisis, following old orthodoxies isn't just misguided--it's downright dangerous. Biographie de l'auteur John Cassidy is a journalist at The New Yorker and a frequent contributor to The New York Review of Books. He is the author of How Markets Fail and Dot.con: How America Lost Its Mind and Money in the Internet Era and lives in New York City.