How markets fail : the logic of economic calamities
Material type:
TextPublication details: London Penguin Books 2009Description: 409pISBN: 9780141036519Subject(s): FINANCIAL CRISES | STOCK EXCHANGES | MONETARY POLICYDDC classification: 338.54 CAS Summary: This book explains 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. Author 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, it also argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking.
| Item type | Current library | Collection | Call number | Status | Date due | Barcode |
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IIMJ Library General Stacks | Non-fiction | 338.54 CAS (Browse shelf (Opens below)) | Available | 2501 |
This book explains 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. Author 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, it also argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking.
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