The Map and the Territory
Subtitle: risk, human nature, and the future of forecasting
Publisher: Penguin Press; The Penguin Press
Published: 2013
Place of publication: New York
Language: eng
Format: Hardcover
Number of pages: 388
ISBN-13: 9781594204814
Description: Explains how the financial crisis has challenged fundamental assumptions about leading economic models, drawing on twenty-first-century technologies and the expertise of behavioral economists to outline new forecasting practices.
Table of contents: title: Introduction; title: Animal spirits; title: The crisis begins, intensifies, and abates; title: The roots of crisis; title: Stock prices and equity stimulus; title: Finance and regulation; title: Schooner intelligence and then some; title: Uncertainty undermines investment; title: Productivity : the ultimate measure of economic success; title: Productivity and the age of entitlements; title: Culture; title: The onset of globalization, income inequality, and the rise of the gini and the crony; title: Money and inflation; title: Buffers; title: The bottom line