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How Markets Fail: The Logic of Economic Calamities (Paperback)
$11.83 - Save $4.17 26% off - RRP $16.00 Free shipping worldwide (to United States and
all these other countries) Usually dispatched within 48 hours | |Short Description for How Markets FailCombining on-the-ground reporting, clear explanations of esoteric economic theories, and even a little crystal-ball gazing, Cassidy warns that in today's economic crisis, conforming to antiquated orthodoxies isn't just misguided--it's downright dangerous.
Full description- Publisher: Picador USA
- Published: 23 November 2010
- Format: Paperback 409 pages
- See: Full bibliographic data
- Categories: Monetary Economics | Business & Management
- ISBN 13: 9780312430047 ISBN 10: 0312430043
- Sales rank: 67,061
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Full description for How Markets Fail
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.
