Map and the Territory Risk, Human Nature, and the Future of Forecasting

Name: Map and the Territory Risk, Human Nature, and the Future of Forecasting
Price: 3.32 USD
Availability: InStock
ISBN: 9781594204814

ISBN-10: 1594204810

ISBN-13: 9781594204814

Edition: N/A

Authors: Alan Greenspan

List price: $36.00

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Description:

Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. No one with any meaningful role in economic decision making in the world saw beforehand the storm for what it was. How had our models so utterly failed us?To answer this question, Alan Greenspan embarked on a rigorous and far-reaching multiyear examination of how Homo economicus predicts the economic future, and how it can predict it better. Economic risk is a fact of life in every realm, from home to business to government at all levels. Whether we're conscious of it or not, we make wagers on the future…

Book details

List price: $36.00
Publisher: Penguin Publishing Group
Publication date: 10/22/2013
Binding: Hardcover
Pages: 400
Size: 6.50" wide x 9.75" long x 1.25" tall
Weight: 1.430
Language: English



Introduction



Animal Spirits



The Crisis Begins, Intensifies, and Abates



The Roots of Crisis



Stock Prices and Equity Stimulus



Finance and Regulation



Schooner Intelligence and then Some



Uncertainty Undermines Investment



Productivity: The Ultimate Measure of Economic Success



Productivity and the Age of Entitlements



Culture



The Onset of Globalization, Income Inequality, and the Rise of the Gini and the Crony



Money and Inflation



Buffers



The Bottom Line


Acknowledgments


Appendices


Notes


Index