How Markets Fail
The Logic of Economic Calamities
John Cassidy author Cassidy John author
Format:Paperback
Publisher:Penguin Books Ltd
Published:26th Aug '10
£12.99
Available to order, but very limited on stock - if we have issues obtaining a copy, we will let you know.
How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking.
A very good history of economic thought * Economist *
How Markets Fail offers a brilliant intellectual framework . . . fine work * New York Times *
An essential, grittily intellectual, yet compelling guide to the financial debacle of 2009 * Geordie Greig, Evening Standard *
A powerful argument . . . Cassidy makes a compelling case that a return to hands-off economics would be a disaster * BusinessWeek *
This book is a well constructed, thoughtful and cogent account of how capitalism evolved to its current form * Telegraph Books of the Year recommendation *
John Cassidy ... describe[s] that mix of insight and madness that brought the world's system to its knees * FT, Book of the Year recommendation *
Anyone who enjoys a good read can safely embark on this tour with Cassidy as their guide . . . Like his colleagueMalcolm Gladwell [at the New Yorker], Cassidy is able to lead us with beguiling lucidity through unfamiliar territory * New Statesman *
ISBN: 9780141036519
Dimensions: 198mm x 129mm x 23mm
Weight: 303g
416 pages