How Markets Fail: The Logic of Economic Calamities

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  • Picador USA
  • ASIN: 0312430043
Author: John Cassidy
Binding: Paperback
Brand: Picador USA
EAN: 9780312430047
  • EANListElement= 9780312430047
  • Edition: Reprint
    Feature: Picador USA
    ISBN: 0312430043
  • Height= 812
  • Length= 558
  • Weight= 81
  • Width= 71
  • Label: Picador
    Manufacturer: Picador
    NumberOfItems: 1
    NumberOfPages: 416
  • Height= 104
  • Length= 825
  • Weight= 132
  • Width= 550
  • PackageQuantity: 1
    ProductGroup: Book
    ProductTypeName: ABIS_BOOK
    PublicationDate: 2010-11-23
    Publisher: Picador
    ReleaseDate: 2010-11-23
    Studio: Picador
    Title: How Markets Fail: The Logic of Economic Calamities

    Product Description

    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.