Download How Markets Fail: The Logic of Economic Calamities AudioBook Free
Behind the alarming financial headlines is a little-known storyline of bad ideas. For over fifty years, economists have been producing elegant ideas of how markets work. How about when markets don t work? How about when they lead to stock-market bubbles, glaring inequality, polluted waterways, real-estate crashes, and credit crunches? In How Marketplaces Fail, Cassidy explains the impact utopian economics convinced that is blind to how real people act and that denies the ways an unregulated free market can produce devastating unintended consequences. Oil-price spikes, CEO greed cycles, and boom-and-bust waves are the inevitable result of self-serving tendencies in today's market environment. Cassidy looks to the industry leading of monetary theory, including behavioral economics, for a new, enlightening view of your volatile global economy.
