How Markets Fail: The Logic of Economic Calamities

Cassidy, John

ISBN 10: 0312430043 / ISBN 13: 9780312430047

Published by Picador (edition First Edition), 2010

About this Item

It's a well-cared-for item that has seen limited use. The item may show minor signs of wear. All the text is legible, with all pages included. It may have slight markings and/or highlighting.

Seller Inventory # 0312430043-11-1

Bibliographic Details

• Title: How Markets Fail: The Logic of Economic Calamities
• Publisher: Picador (edition First Edition)
• Publication Date: 2010
• Language: English
• ISBN 10: 0312430043
• ISBN 13: 9780312430047
• Binding: Paperback
• Edition: First Edition.
• Condition: Very Good

About this title

Synopsis

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.

About the Author

John Cassidy is a journalist at The New Yorker and a frequent contributor to The New York Review of Books. He is the author of How Markets Fail and Dot.con: How America Lost Its Mind and Money in the Internet Era and lives in New York City.