How markets fail
Subtitle: the logic of economic calamities
By: John Cassidy.
Edition: 1st ed.
Publisher: Farrar, Straus and Giroux
Published: 2009
Place of publication: New York
Language: eng
Number of pages: 390
ISBN-13: 9780374173203
Subjects: Financial crises; Stock exchanges; Monetary policy; Banks and banking
Notes: Includes bibliographical references (p. 347-370) and index.
Table of contents: title: Warnings ignored; title: The invisible hand; title: Prices as signals; title: Perfect markets; title: Proof positive?; title: The evangelist; title: Efficient markets; title: Lucasian economics; title: "The prof and the polar bears"; title: A taxonomy of failure; title: The prisoner's dilemma; title: The market for lemons; title: The beauty contest; title: The rational herd; title: Enter the pyschologists; title: The irrational herd; title: Ponzi finance; title: The fountainhead; title: The housing boom; title: Subprime delusions; title: TK; title: TK.