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How Markets Fail: The Logic of Economic Calamities
By John Cassidy and Ralph Cosham (narrator)
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Publisher Blackstone Audio Inc
Publication date November 17, 2009
Binding CD/Spoken Word
Edition Mp3
Book category Adult Non-Fiction
ISBN-13 9781441723093
ISBN-10 1441723099
Dimensions 0.50 by 5.50 by 7.75 in.
Weight 0.22 lbs.
Original list price $29.95
Other format details audio
Amazon.com description: Product Description: 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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