How Markets Fail The Logic of Economic Calamities

ISBN-10: 0312430043

ISBN-13: 9780312430047

Edition: 2010

Authors: John Cassidy

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Book details

List price: $18.00
Copyright year: 2010
Publisher: Picador
Publication date: 11/23/2010
Binding: Paperback
Pages: 416
Size: 5.25" wide x 8.50" long x 0.75" tall
Weight: 1.342
Language: English

John Cassidy has covered economics and finance at The New Yorker magazine since 1995, writing on topics ranging from Alan Greenspan to the Iraqi oil industry and English journalism. He is also now a Contributing Editor at Portfolio where he writes the monthly Economics column. Two of his articles have been nominated for National Magazine Awards: an essay on Karl Marx, which appeared in October, 1997, and an account of the death of the British weapons scientist David Kelly, which was published in December, 2003. He has previously written for Sunday Times in as well as the New York Post, where he edited the Business section and then served as the deputy editor. In 2002, Cassidy published his first book, Dot.Con. He lives in New York.

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
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
The Great Crunch
Greenspan Shrugs
The Lure of Real Estate
The Subprime Chain
In the Alphabet Soup
A Matter of Incentives
London Bridge Is Falling Down
Socialism in Our Time
Afterword: The Great Disconnect
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